IEX
Date 25.07.2024
IEX
Time frame : Day chart
Remarks : The stock formed long broadening wedge formation & now has reached a make or break resistance confluence of gann angle & support/resistance band. This is very significant area technically, fundamentally the stock has out performed & continues growth power demand is positive for the stock.
Quarterly Result IEX
IEX: Q1 CONS NET PROFIT 964.4M RUPEES VS 758M (YOY)
IEX: Q1 REVENUE 1.24B RUPEES VS 1.04B (YOY)
IEX: Q1 EBITDA 1.03B RUPEES VS 831.7M (YOY) || Q1 EBITDA MARGIN 83.3% VS 79.9% (YOY)
Hence, breakout from here will ride strong momentum
Regards,
Ankur
IEX
Time frame : Day chart
Remarks : The stock formed long broadening wedge formation & now has reached a make or break resistance confluence of gann angle & support/resistance band. This is very significant area technically, fundamentally the stock has out performed & continues growth power demand is positive for the stock.
Quarterly Result IEX
IEX: Q1 CONS NET PROFIT 964.4M RUPEES VS 758M (YOY)
IEX: Q1 REVENUE 1.24B RUPEES VS 1.04B (YOY)
IEX: Q1 EBITDA 1.03B RUPEES VS 831.7M (YOY) || Q1 EBITDA MARGIN 83.3% VS 79.9% (YOY)
Hence, breakout from here will ride strong momentum
Regards,
Ankur
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.