IEX trade ideas
#IEX*CASH LOVER / SAFE PLAYER BUY*
POSITIONAL CALL
#IEX
CMP@222 Buy @ CMP & use every dip to accumulate
for the TARGET of 231, 254+
POSITIONAL TARGET: 270 & 300++
#INVESTWISELY_1111
IEXTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
T1: 240
BREAKOUT STOCKStock is Ready for BOOM.
If stock is hold 200 Level then we can see 255/260/280 Level Soon
IEX Forming Double bottom Exactly at Fib ZoneIEX has started forming Double bottom at 61.8% zone
If the stock is able to sustain higher levels for today, in the coming days this could be a potential winner
Note: This is only for educational purpose
IEX, buy the dip ?!Hello traders,
sorry for the delay, was not able to post ideas for long time.
"Indian Energy Exchange" (IEX in short) is a very good monopoly stock with strong fundamentals.
I hope you guys know about it.
now the stock has given a good retracement after trendline breakdown which is a good time to buy the dip.
also gave good confirmations for support reversal (mentioned in chart).
one can make a good buy here for investment and swing trading as well.
rest details mentioned in the chart. hope it help you. don't forget to like and share. it motivates me to post more ideas like this.
Keep risk management in check, have proper SL in trading ( not much required in investment ) and trade safely!
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
IEX SWING TRADEAs we see IEX is on AREA OF CONFLUENCE (majore support area + 200ema support). we can go long by keeping our stoploss below 200ema.
Stocks algo selection (27-02-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have select four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
IEX UNDER PRESSURE?One of the multi-bagger from last year has been under constant selling pressure from FII and DII. Both institutional investors have sold around 6% stake in the Sept quarter.
IEX FUNDAMENTAL ANALYSIS:
1. IEX is trading at a P/E of 64 which is almost 3 times compared to the industry PE of around 23 which indicates the share is a bit expensive.
2. IEX is a debt-free company with a debt to equity ratio of around 0.02.
3. ROE is around 46.2% (which is marvellous) and ROCE stands at 60%.
4. The 10 Years median sales growth is at 16%.
5. The average OPM stands at around 80%.
IEX technical analysis (on daily chart):
1. IEX is currently trading around both 200-SMA and 200-EMA.
2. It is trading below all three MA i.e., 20,50 and 100 which is highly bearish.
3. After breaking the neckline of the "head and shoulder" pattern, it has roughly fallen around 20%.
4. The daily RSI stands below the 50 mark but doesn't show any divergence against the price.
5. The daily MACD is ver bearish as the MACD is trading below both signal line and zero line. The good news is the height of the histograms is decreasing, which indicates a possible change in trade in the near future.
According to my opinion, IEX is a good fundamental company. The stock has fallen roughly 40% from its peak. In the last 3-months alone, it has fallen around 14%. I don't see anything fundamentally wrong with the company. The stock is a little expensive at current levels but I think this is not the reason for the fall. After giving around 103% last year, I think the stock is deliberately bought down for big investors to jump in. I would advice investors to remain invested. The new investors should wait for some time before taking fresh positions. Long-time investors shouldn't have to be worry and see this situation to aggregate their positions.
THE ABOVE INFORMATION IS ONLY FOR KNOWLEDGE PURPOSES AND NOT AN INVESTING ADVICE, PLEASE ACT ACCORDINGLY AND DO YOUR OWN DUE DILIGENCE.
IEX Ltd (Indian Energy Exchange) - 25.02.2022IEX 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
Swing setup for IEXWatch above 211
Upside 225/235/250
Downside 200
Chart and levels only for education purpose.
IEX ViewDivergence on IEX Daily chart as we can see price fall from 210 to 205 but there is no significant fall in the strength
GOOD RISK REWARDS Its good time to accumulate this stock at cmp.
Expected Good Bounce on this level.
Downtrend for IEXIf breaks 205 then 180 & 151 is support. It makes higher low and lower High. Looks like stock is at its overbought levels. RSI on weekly is below 60.
IEX stock stock is at its support and probability is that it will take support from here otherwise we will give a small stoploss of 2.5% and target is definitely big 15%.
IexIex can go close to 200ma near price range of 200 +,- 10-20 in coming days and move up from there.
IEX, Short SellIEX is completely under bear control and it may further down to 205.
So use for short sell
Holder Exit there Positions in IEXIEX confirmally breakdown most important Demand zone & retest it & continue there downside trend. If any one have shareholder of IEX book the profit . & buy when stock is stable or stop their downside .
IEX price is continuously taking support and making higher high and higher low and also price is above 50 DEMA
moving in upward channel
macd positive crossover in daily time frame
hourly price is at 50 % retracement
price gap down and the went up and gap filled and emas positive crossover
