Indian Energy Exch seems like a falling wedge pattern. Now its price at support line, it will bounce towards upward resistance upcoming days. Its good for swing traders. keep target previous swing high.
IEX 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...
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,...
📈 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...
IEX Ltd - 25.02.2022
The stock is trading @ 204 levels
There is a TRIPLE BULLISH MACD DIVERGENCE in Daily Chart
The prices are at EMA
Let the prices go above 208
watch out for the price action
Indian 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...
Indian Energy Exchange (IEX) - Daily
Flag breakout - 4th wave flag/triangle seems to have ended and it is the start of the 4th wave
MACD in the daily wave and weekly tide is uptick
RSI is well above 60 in the overbought zone
Stochastic 14,3,3 is in positive crossover
+DI is above -DI and the ADX is above 15 in the Directional Movement Index (DMI)
Seems to be...
IEX share testing 793 levels as you can see in the chart after a good upward trend,
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Now stock is testing 793 level and you can see there is a gap between 800-920,
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So if stock goes above 793 you can buy this trade 800 is a strong resistance if stock break the level on tomorrow,
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You can see the good upward momentum in this stock.
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What's your view on this...
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...
#indianenergyexchange #IEX momentum breakout
more than 25% breakout on this stock with big volumes.
momentum is bullish on all timeframe though with diluted divergences seen on weekly
Hello Everyone,
IEX (Indian Energy Exchange) stocks given a strong break out today above 454 levels and sustained. Now the stock is expected to move towards 560-580 levels in short to medium term as the stock is in continuous uptrend and short term correction already happened in this counter. The stock is best buy at CMP and below till the breakout levels for...
After breaking the 424 Resistance, IEX give the good move till 450.
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But yesterday the stock retraced so there are two chances in the scenario.
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As you see in the charts 424 is strong resistance in the previous week's now its a support level.
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1. If IEX break the support of 424, so we can see the downside till 413.
2. On upside if stock is goes above 432, then...
