PrashantBhiwaniwala

Indian Energy Exchange Ltd - 27.08.2021

Long
NSE:IEX   INDIAN ENERGY EXCH
Indian Energy Exchange Ltd - 27.08.2021

The stock has a strong resistance @ 441 levels

Dark Cloud Cover Candle Formation in Daily Chart

Prices are above ema

Stochastic is overbought in daily chart

Let the prices breakout above 444, one can initiate a buy position above 444

NOTE: THIS STOCK WILL BE CONSIDERED AS A LONG-TERM INVESTMENT

Support & Target Price will be defined once the prices go above 444
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