IEX
Indian Energy Exchange Ltd |The Next Multibagger Indian Energy Exchange Ltd |The Next Multibagger
Incorporated in 2007, Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity
Financial: Excellent
Market Cap = 14,980 Cr. ROCE = 51.8 % ROE = 39.4 %
Debt to equity = 0.01 Quick ratio = 1.47 Current ratio = 1.47
Piotroski score = 4.00 Profit Var 3Yrs = 20.3 % Sales growth 3Years = 16.0 %
This stock is technically strong bullish candidate. RSI is now entering momentum zone.
since long time it was consolidated and now its seems over and big player enter in this stock.
Gem: Do not enter in stock randomly. wait for stock momentum and then participate. yo will see stock moves fast than normal speed.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Indian Energy Exchange (IEX): Emerging from a base...From the high of 318, the stock corrected almost 64% and is currently trying emerge from a consolidation.
A weekly close above 165 is important for momentum.
However, always keep a strict stop loss as per your risk if trade doesn't go as plan.
Note: Not a buy/sell recommendation. Please consult your registered advisor.
IEX breakout after long consolidationIEX 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
IEX - Possibility of a Channel BreakoutHii all...
Greetings....
Today im sharing with you IEX chart on daily basis, i see a channel break out today, hope to see uptrend in coming days.
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
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Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
entry point triggeredas per previous analysis entry was done and can be wait upto 138 for target as per chart but my heart telling no need any stoplose and wait for 160 target why 160 160 was acted as support once upon a time and acting now as resistence so it was not exactly 160 but but the resistence trendline formed at 160
EXCITING BULLISH PATTERN📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Wedge
📌 Symbol/Asset: IEX
🔍 Description:
Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Breakdown in IEXIEX Share has broken down and may take support at 130 levels. However, the breakdown is due to fundamental issues and thus, one needs to take a closer look before jumping in. Coupling has been announced and this means that IEX will be hurt when it comes to price matchmaking. Even though IEX is more or less of a monopoly, margins might be under pressure due to new policy change.
Breaking Down the Technical of IEX Stock: Is it Time to Buy?In this technical analysis of IEX stock, conducted by technical analyst Afnan Tajuddin, we break down key levels and demand zones to identify a potential buy opportunity and provide a trade plan for maximizing profits. Please note that this analysis is for informational purposes only, and should not be considered as investment advice.
1. Trend Analysis: IEX stock has been in a downtrend for many months, and the downtrend line was broken on 20th February 2023 with good volume. The stock rallied until the strong supply zone of 154, which has been holding the price down for months.
2. Key Levels: The stock price has fallen several times after testing the 154-155 levels. After the downtrend line breakout, the price went up until the 154.60 level and fell sharply till 125 on 29th March 2023. The 125 level is coming under monthly demand zone and this level is a retest of the previous downtrend line breakout as well.
3. Price Action: The price has reacted from the monthly demand zone and the retest of the downtrend line. We can see a big rally of 21% in only 5 days with significant volume, and the level of 155 also got broken. Now, the price is coming down to test the breakout of the supply zone with very low volume.
4. Trade Plan: We can plan our buy trade above 153.5 as a retest of breakout and RBR demand zone, with a stop loss below 148. The first target can be set at 162 and the second target can be set at 172.
5. Exit Strategy: After reaching both targets, it's recommended to extend the targets and trail the stop loss to lock in profits and stay in the trade for further potential gains. This strategy can help to maximize profits while minimizing potential losses.
6. Request: If you like this analysis, kindly like it and for more analysis follow me on TradingView. If you have any questions or comments about this analysis, please ask in the comments box below
7. Disclaimer: This analysis is for informational purposes only and should not be considered as a buy trade call or investment advice. I am not a SEBI registered analyst. Before making any investment decisions, please do your own research and analysis.
Overall, based on the technical analysis, the IEX stock looks like a good buy opportunity at current levels with a potential for a significant upside. However, as with any investment, there are risks involved and it's important to consider your own risk tolerance and do your own research before making any investment decisions.
Breakdown in Indian Energy Exchange Ltd...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IEX -- Good days ahead .IEX -- Monthly chart --look like good days ahead,
1. After sharp fall from 300 sub level stock seen above 21 HMA after many months as current month candle . if this candle manage to close above 21 HMA , stock again will be positive zone
2. Rounded Bottom cup form seen , bottom formation seen 125-30 sub level .
3. Near RSI , ema Positive crossover, this crossover will confirm trend reversal .
4, Potential upside 100% From current level ENTRY .. 135-138 target 150-180-200-220 stop loss bellow support level at 115
5. RISK REWARD ratio 1:4 from current level
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. ** TRADE AT OWN RISK !!
* HAPPY TRADING .!!
IEX - 100% RETURNS?BUY - INDIAN ENERGY EXCHANGE
CMP - Rs. 152
Target - 1: Rs. 172
Target - 2: Rs. 196
Target - 3: Rs. 246
Target - 4: Rs. 301
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Technicals - Ascending Triangle - Chart Pattern
Bullish Harmonic Pattern
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This post is for educational purposes only. Invest at your own risk.