I am posting this as one of the follower on twitter requested for it.
1) On daily time frame, we can see it took support from 21DMA and closed above it.
21DMA is placed at 733.66 level.
So we can say that immediate support range is 730-733 level range.
Please refer below chart : 1 day Time Frame. ...
NSE: IEX 734
-Taken Support And Green (Bullish) Candle Formation Shows Trend Reversal
-Price Confirms But Volume Missing
-Next Levels To Watch 745-765-815-850-880
-Support Levels Are 698-975-640
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research for my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do your own research and also do take advice...
IEX DAILY TIME FRAME ANALYSIS
- Giving Good Moves for past 2 months
- Good Monopoly Market
- Good For long term investment
- Doing base formation for past few days breaking it would lead it to 700-800
- Good Support of 600
*Not an investment advice just my views*