IEX chart looks good on chart. It gave Weekly breakout with confirmation.
Currently it is retesting its breakout zone.
StopLoss is given. Targets T1 & T2 are given.
Note: No idea about Fundamentals. Its completely from technical analysis POV.
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...