SudhakaraRatnaGupta

IEX: Wait for retrace for Good profit

Long
NSE:IEX   INDIAN ENERGY EXCH
Why to choose: aim for long term only
1. Double bottom breakout.
2. Good volume.
3. Wait for retrace.
4. Company is almost debt free.
5. Company has delivered good profit growth of 19.1% CAGR over last 5 years
6. Company has a good return on equity (ROE) track record: 3 Years ROE 43.7%
7. Company has been maintaining a healthy dividend payout of 48.6%

Thanks for trading panthalu for helping me to learn market.

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