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.
1. The uptrend line is breakout.
2. Now, it's going on consolidated.
3. First Target @ 197 (23% Return)
4. Second Target @253 (58% Return)
5. First SL @145 (8%)
6. Second SL @ 126 (20%)
INDIAN 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...
