IEX 70% UPSIDEIEX is a buy for the 70% Gain
Indian Energy Exchange is down around 10% today
on the long term its poised to deliver a solid return of 70%.
still below its All time high .
After today's downfall the stocks looks prominent on the charts for buying.
With the rising demand and consumption IEX will deliver strong growth.
Everything is set in favour of the stock.
Note : Having Quantities of the stock at various price levels, Adding more on the dips.
Iexlong
Is IEX ready for a 100% upmove? Charts says YESIs Indian Energy Exchange (IEX) all set to fire up?
We are expecting big targets based on the following key technical points:
Great Correction (Fib):
The price underwent a deep correction of more than 61.8%, almost reaching the 0.786 Fibonacci retracement level from the top.
Price Action Structure Change:
The price has changed structure since it broke the previous high on the monthly time frame and sustained weekly candle.
Ichimoku Confirmation:
There is a strong TS & KS breakout, and it looks poised to break the cloud as well. A strong base has been created, and a breakout has occurred.
Fib Channel + Fib Extension:
The price respected the channel bottom and reversed strongly. Based on the channel targets, there is a high chance of hitting 360+ in the coming months.
Wave Analysis and Targets:
The stock is in either Wave C or Wave 3. The minimum targets for Wave C are 287 (61.8%) and 394 (100%). Any move beyond this is a bonus.
Use Ichimoku (Daily Time Frame) for Higher Profits:
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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 - Moving to next levelsIEX on recovering path from the recent 130 levels and slowly moving to the next level.
Above 154, if sustains - the immediate target will be 165
Currently trading above most of the indicators on daily/weekly/ monthly time frames.
Looking at this - > Anti Gartely pattern - T1 is touched and reversing. Wait for a close above 154 levels before taking entry.
Please spend time on your own research.
Add to watch list for the opportunity.
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...
IEX Fresh Trendline BreakoutIEX (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 already seen More then 50% Significant Correction from all time highs.
IEX long term investment idea here is my IEX long term view as one should invest only after 4 months as it is in the decline phase and about a year after investment it will break its high of 335 and boost up to 400
my value price for the stock will be 125 to 130 and target 400 and invest for a year up to mid-2023 or 2024 starting
IEX Indian Energy Exchange Analysis !!📈 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 revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
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.
INDIAN ENERGY EXCHANGE ( IEX )IEX has given Breakout from (0) and (B) trendline with good intensity of volume in daily time frame, Wave structure is also suggesting impulse move ahead, Now wave 4 has seen a long consolidation and we may be ready for wave 5, as wave 5 unfolds we may go towards 350 and 380 plus areas, All other indicators like macd, rsi, dmi adx, bollinger band, and stochastic are also suggesting positive trend ahead, One can go long at current levels or in dips (if any) with mentioned stop loss for mentioned targets on chart.
Wave structure could be like this
Breakout with good intensity of volume
key levels are mentioned on chart along with stop loss and targets
Volume decreased in corrective phase
MACD in weekly running in positive and now uptick that too above zero line
MACD in daily positive crossover and now uptick that too above zero line
rsi uptick and above 60 and 70 in daily time frame
upper bollinger challenged in daily time frame
dmi adx positive ungali setup in daily
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses
Simple Positional Long/buy trade setup | IEX | short-mid termNSE: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 retracement then we can see 755 level is immediate resistance range.
Major support is at 693 level range.
Please refer below chart : 1 day Time Frame.
Major Breakout level is 800 level.
Please refer below chart : 1 day Time Frame.
It will be good bullish only on sustainable breakout of 800 level.
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For Positional trade one can take long trade from CMP with SL of 690 and target of 755-785 and ultimate 800 level.
Once it sustain above 800 level then one can take new fresh long postional trade.
I prefer to not have intraday in this stock, as there are also other stock which are better then this at this moment for intraday.
19/10/2021 Research Report For IEXDisclaimer:
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 from your financial adviser before invest any single rupee. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy at C.M.P (Current Market Price)
Target 1: 1000
IEX Daily Time Frame Analysis Next Rally or CorrectionIEX Daily Time Frame Analysis Next Rally or Correction
- So IEX has given a good rally again and now resting it is a good resting zone for it before breaking into 3 digit numbers
- It can play in the range of 750-800 for a while making a strong base
- Lookout for volume when it is crossing 810 to ride a good rally
- As long wicks are showing there is a good fight between bulls and bears
- A good news can push it up
KEEP YOUR EYE ON IT
*NOT AN INVESTMENT ADVICE JUST MY VIEWS*