RLC falling wedge pattern detected in 6h timeframe. Also it is forming double bottom which is bullish sign for upcoming days. Expecting a bullishness from current price. If it gets some momentum then we will see 50% to 100% growth in upcoming weeks.
Targets could be 1.7, 1.9, 2.2, 2.6, 3.0
STOP 1.4
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.
IEX (Indian Energy Exchange) I am Buying IEX Future around 163 With Stoploss of Today's Low 158 For the Targets of 175+ in the Next 15-20 Trading sessions. (Swing Trade)
Reasons:
# Share Price has seen fresh trendline breakout.
# Stock has crossed 20EMA on Daily and 4-Hourly Chart.
# Price Pattern on Daily Charts: Double Bottom "W" Pattern Seen.
# Stock has...
📈 IEX ( Indian Energy Exchange ) 📉
Today broke out from a downtrending Trendline Zone on closing basis.
On Buy Side I am looking for Targets of 238, 266 followed by 295.
StopLoss should be kept at close below 216.
It offers 1:5 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and...
Key Highlights:
1. Bullish market structure on HTF
2. Tapped into the demand zone
3. Massive volume on the creation of the demand zone
4. Retracement on the HTF
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical &...
NSE:IEX
I am posting this as one of the follower on twitter requested for it.
Observations:
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.
Also if we apply FIB...
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
-Closing Basis
