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Indianenergyexchange

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.
NSE:IEXLong
by AfnanTAjuddin
4
IEX - Trading at almost 50% points away from 52 week high NSE:IEX Indian Energy Exchange (IEX) is the premier electricity exchange in India, which facilitates trading of electricity regulated by the Central Electricity Regulatory Commission IEX commands a market share of ~90% in the power exchange market The company has a debt free balance sheet with cash & investments to the tune of ~ |340 crore Found attractive swing trade/ short term investment opportunity with lower risk ratio Buy for the target - 166, 180, 220 Stoploss - 130
NSE:IEXLong
by Haritha05
IEX - SWING TRADING - 19.07.2022 - BAHAVAN CAPITALIEX is about to Break out and Buy Above 168 and Target 251. There has been change in the holding patterns in last few days. and it indicates FII have beginned their entry middle of this month onwards. 18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr 19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr So iam anticipating a uptrend move for this month. Will discontinue Intraday and focus on Swing Trading. Happy Profitable Trading to All....
NSE:IEX
by UnknownUnicorn19608572
6
#IEX #indianenergyexchange Support levels NSE:IEX 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). (PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame) PRZ 1 :- 180.55 PRZ 2 :- 180.50 SL :- 167.50 (Closing Basis) Target 1:- 187 Target 2:- 192 Target 3:- 192 and more Trailing basis ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:IEXLong
by linesandlevels
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.
NSE:IEXLong
by ShelendrAgrawal
IEX Wedge Formation: Ready for breakoutIndian Power and Energy sector is in a bull run of its own and we are seeing several stocks in this sector that are performing well. IEX also looks really good with a wedge formation. Wedges are essentially neutral patterns made up of a resistance and a support line. Breakout on either side should enable you to take a position. Since this particular stock and the sector overall has been in a big bull run, I believe that IEX can breakout on the higher side as the wedge is getting squeezed.
BSE:IEXLong
by jatin_agarwal
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. ------------------------------------- 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.
NSE:IEX
by Trading_hawk