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IEX

IEX is about to complete it's correctionIndian energy exchange is now about to complete it's correction ,it is doing a double correction in major wave IV, fifth to the upside is still due. We can expect correction to complete near 124.85-125.85 and then final V wave target will be 407. And I'm expecting fifth to be extended because normal projection limit of wave V are 0.382 & 0.618 but as you can see these levels are already under wave III so wave V will be an extended wave.
NSE:IEXEducation
by leichtsinnig8868
IEX, long term pick with good potentialHello traders, As I said will start posting good long term picks in the last idea. IEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity. As we all must know this. This is a really good company with great potential and strong fundamentals. I had already mentioned about the fundamentals and other details in the chart. this is again a support reversal buy like LAURUSLABS on which I posted an idea before,having good potential for upmove. this stock is at great dip and its a really good chance to add this stock to your portfolio (or add more qty if u already have it). If you see, this stock also has an inverted head and shoulder pattern on a smaller timeframe: hence we here have multiple consequences for adding this stock or start accumulating in your long term portfolio. As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. Will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Aniket. keep learning and keep earning.
NSE:IEXLong
by Aniketyourtechnicalanalyser
IEX - Trading at almost 50% points away from 52 week high NSE:IEX Indian Energy Exchange (IEX) is the premier electricity exchange in India, which facilitates trading of electricity regulated by the Central Electricity Regulatory Commission IEX commands a market share of ~90% in the power exchange market The company has a debt free balance sheet with cash & investments to the tune of ~ |340 crore Found attractive swing trade/ short term investment opportunity with lower risk ratio Buy for the target - 166, 180, 220 Stoploss - 130
NSE:IEXLong
by Haritha05