IEX Showing Buyers Interest IEX Analysis : IEX Showing Buyers Interest and after long downtrend, possible trend change is expected, this is good stock and can be multi bagger based on fundamentals and domain. We can add for long term.
Iexbullish
IEX LONGIEX has completed 5 waves up and 3 waves down and now it is ready to move in the upside direction for the target of 300 in long term.
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.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
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.
IEX - DAILY CHART - 17.08.2022 - BAHAVAN CAPITALINDIAN ENERGY EXCHANGE as per Daily chart Analysis.
It has broken the previous resistance at 168 and today ADANI POWER, IEX and TATA POWER has shown good momentum and among these ADANI POWER had no seller after 1.30pm.
There should be a Good momentum for these power and Energy sectors for tomorrow.
IEX Above 175 and Target 185
Happy Profitable Trading to All...
