IEXTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
T1: 240
IEX
IEX, buy the dip ?!Hello traders,
sorry for the delay, was not able to post ideas for long time.
"Indian Energy Exchange" (IEX in short) is a very good monopoly stock with strong fundamentals.
I hope you guys know about it.
now the stock has given a good retracement after trendline breakdown which is a good time to buy the dip.
also gave good confirmations for support reversal (mentioned in chart).
one can make a good buy here for investment and swing trading as well.
rest details mentioned in the chart. hope it help you. don't forget to like and share. it motivates me to post more ideas like this.
Keep risk management in check, have proper SL in trading ( not much required in investment ) and trade safely!
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
IEX SWING TRADEAs we see IEX is on AREA OF CONFLUENCE (majore support area + 200ema support). we can go long by keeping our stoploss below 200ema.
IEX Ltd (Indian Energy Exchange) - 25.02.2022IEX Ltd - 25.02.2022
The stock is trading @ 204 levels
There is a TRIPLE BULLISH MACD DIVERGENCE in Daily Chart
The prices are at EMA
Let the prices go above 208
watch out for the price action
Swing setup for IEXWatch above 211
Upside 225/235/250
Downside 200
Chart and levels only for education purpose.
IEX ViewDivergence on IEX Daily chart as we can see price fall from 210 to 205 but there is no significant fall in the strength
IexIex can go close to 200ma near price range of 200 +,- 10-20 in coming days and move up from there.
IEX on critical supportIEX should be on watchlist as it is on ciritical support level, if it sustains ths level it will go up.
IEX Short NSE:IEX
A a good place to short with less risk
Note: I'm not SEBI registered guy, Its for education purpose only
IEX: AnalysisINDIAN ENERGY EXCHANGE (IEX)is India's first and no. 1 electricity exchange. It is a transparent, neutral, demutualized, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.
CMP: 238.70
IEX now facing down trend. very critical Support zone. Market Retraced on 238 and go down up to 202 to 166. best for short.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
IEX ReversalAfter huge selling markets can be good for swing now, having a doji at support makes a good indication to enter for a short term trade
What's your opinion 🧐❌Should market can not supported IEX🧐
In this case market can very bullish!
We are ready to move on this path
🙌🏻🙌🏻
IEX Wedge Formation: Ready for breakoutIndian Power and Energy sector is in a bull run of its own and we are seeing several stocks in this sector that are performing well. IEX also looks really good with a wedge formation. Wedges are essentially neutral patterns made up of a resistance and a support line. Breakout on either side should enable you to take a position. Since this particular stock and the sector overall has been in a big bull run, I believe that IEX can breakout on the higher side as the wedge is getting squeezed.
IEX -- POSITIONAL -- 2022IEX.. indian Energy Exchange Ltd. positional stock pick cause of strong bullish technical indicator. stock is high volatile in nature ..but once breakout
gives good momentum upside in few sessions. stock seen hourly chart breakout with good volume . stock seen double bottom formation before breakout at strong support zone and at breakout golden cross over of 3 SMA..20,50,200 clearly seen.
stock from present cmp 265.95 can give 10 to 20% upside move in short term.
TECHNICAL bullish indicators
1. RSI at mid range.
2. MACD above signal and center
3. Golden moving avg crossover
4. Double bottom formation
5. Trendline breakout.
PLEASE DO OWN ANALYSIS THIS IDEA CAN USE EDUCATIONAL PURPOSE..take call at own risk . !!
WISH you happy trading. !
IEX on uptrend The stock is out of consolidation and is expected to reach the leves shown on the chart.
#IEX Bullish in Short termWith power sector showing strong uptrend, IEX has formed a beautiful Ascending triangle pattern which looks bullish in short term. With strong support at 230-235 levels, the upside possibilities is immediate resistance at 275-278 levels and then the 300. The upside is open once the stock breaks 300.
IEX- NEED A STRONG CANDLEIEX in a very tight range. Buy volume increased but need a strong bull candle with approx. same or more than today volume.
NSE:IEX
IEX ChartHi There, Maybe This Can Help.
this is the chart pattern of IEX in up coming
TWO Possibilities From Point B,
It will Fall to Point D - It Follows Pan A
or to point E - It Follows Plan 2
Rest The Image Is Enough to understand :
And Please - Also Share Your Thoughts Here.
Strategy : Buy in Dips using Support Zone & EMAIEX is an Indian Company in Power Sector.
Recently after forming a Bearish Bat, Share price fell by almost 20% from 303 to 235
The RSI of the company also reached 30 level - Key level for bounce back
After taking support at its previous low that is the W pattern low 1 at 236- 232 zone ( purple rectangle in chart ),
The share has shown a healthy bounce led by the Bullish Kicker and is trading at 254 now.
If it follows the trend of bouncing from EMA 100, one can look for targets at previous Highs of 300 and 317
In a rising market, EMA is a good tool to catch the Dip if price shows a healthy initial bounce.
Stop loss at 230 that is previous low will warrant a reward risk ratio of 5:2
The share fundamentals are strong and has a PEG Ratio of 1.8.
PEG ratio above 1 is generally considered good.
The EPS of the company has been on a rising trend and can be a good long term pick as well.
Thanks for reading!
I am pretty much self taught in Harmonics, so in case I missed something, let me know in the comments.
Note : This is purely for Educational purposes and not to be considered as an Investment Advice.
