TradingView
Gowri_vis
Dec 8, 2023 6:53 AM

IEX breakout after long consolidation Long

INDIAN ENERGY EXCHNSE

Description

IEX has been consolidating for about a year now. It had some negative news and this took time to consolidate.
The 3 fan pattern has given a clear reversal pattern.
Good supports between 142 and 150.
Stop loss: 137 ( Actually its at 121.If you can handle loss it then, good for you)
target : 190-200

Disclaimer : I do have positions and I will stay or come out at my discretion
Comments
tanishgupta1511
the stock is still in consolidation
More