IEX has tested the resistance of 151 multiple times. The momentum is fairly strong too and can be a good pick at this stage.
A trade can be initiated, for the levels mentioned on the chart, with a strict stop loss of 145 on the long side, CMP: 151
I am not a Sebi registered trader/analyst and above idea is purely mine, meant for educational purposes only. Not a buy recommendation.
A trade can be initiated, for the levels mentioned on the chart, with a strict stop loss of 145 on the long side, CMP: 151
I am not a Sebi registered trader/analyst and above idea is purely mine, meant for educational purposes only. Not a buy recommendation.
Trade closed: stop reached:
Stop loss hit.