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karimbaig5
Oct 1, 2021 6:39 PM

IEX Rally Expected Long

INDIAN ENERGY EXCHNSE

Description

IEX Rally Expected: Looks like trendline Cup and Handle (Inverted)
Comments
praj87kool
Its look like an inverted cup and handle. Might be bearish !!
pknatraj6
IEX has a long way to go with cross border exchange of electricity. Buy on dips and soon you will see it touching 4 figures
utture
This is not pattern in technical analysis. There is cup & handle pattern , however there is no inverse pattern. IEX is monopolistic business. For Investing stocks Fundamental Analysis is also very important. I studied both. If you observe Operating Profit Margin of IEX ,it is in excess of 80 %.
It is buy on dip. Have a long-term perspective. If you are conversant with CANSLIM model, it is buy & hold. I had it since 270 level.
litondas6
Waiting for by the dips but no it's giving any correction about near 500.
pleasantEnthus52175
IEX a monopoly concern. No chance to going down long term.
aniruddhagawali4
I think it will go long...
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