IEX - Next multibaggerBhramashtra pattern on monthly chart. buy on every dip for big targets.
targets are marked on chart. #iex #arthavishi
IEX trade ideas
Buy IEX for a target of 230Buy IEX for a target of 230 in 2 months. Stock has reversed from long term low and looks good for a decent reversal
IEX SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
IEX READY TO FLYOn a weekly timeframe breakout trendline with bullish candle
This is not financial advice, just sharing analysis for educational purposes
IEX Rounding BottomIEX Rounding bottom
- Buying range 185-200
Disclaimer:-
Investments in securities are subject to market risk.
Everything I discuss here is for educational purpose.
I am sharing my personal view as a trader / investor.
Please consult your financial advisor before taking any decision.
IEX big upside move possibleIEX giving closing above 100 200 EMA and breakout too. Big upside possible.
Follow the targets.
IEX looks good....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 - Potential reversal from the 2 years consolidation phaseNation wide, automated and transparent trading platform for physical delivery of electricity, renewables & certificates, holds market share of 80%.
Elliott Wave Analysis
Wave (1) indicates a strong uptrend, peaking around the INR 253.
Wave (2) shows a retracement, aligns with the 38.2% Fibonacci level around INR 122 and a period of consolidation, forming a rounding bottom pattern.
Rounding Bottom
The chart indicates a strong technical setup with a rounding bottom pattern, suggesting a potential reversal from the 2 years consolidation phase. The volume breakout further supports the bullish outlook.
Potential Price Targets:
The immediate resistance can be expected around the previous high at INR 253. If the uptrend continues, the long term target will be INR 383.
The level of INR 160 serves as a immediate support and 38.2% Fibonacci retracement level at INR 122 will be critical support level from long term view point.
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
IEX WEEKLY BREAKOUTStock Name- IEX
IEX Weekly Breakout
Weekly Time Frame
Holding period - 3 to 6 months
Potential Upside Stock
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Long IEXIEX is looking good for long. This is gann box from last 2 year high and low then copied same time frame in future.
target -191
SL 135
#IEX #NSE - FLAG BREAKOUTINDIAN ENERGY EXCHANGE
FLAG breakout on daily timeframe.
Stock outperforming Benchmark and Sector index.
Crossing 52 week high.
Increasing Relative Strength.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
IEX Near to break out after 2 year consolidation Iex made a cup & handle pattern. Break out will be above 171 for a target of 190 & 240 . Stoploss will be near 164 level
IEX - Ready to go high after stage 2 breakout retest#IEX
CMP - 187.20
~ Stock gave good stage 2 breakout
~ Retest also complete
~ Chart looks descent
IEX ROUNDING BOTTOM BREAKOUT AFTER CONSOLIDATION OF 24 MONTHSIndian Energy Exchange Ltd. an interesting chart to keep on radar with following
1. Rounding Bottom pattern breakout on weekly chart
2. Breakout after a long consolidation of 24 months with rising volume
3. Can be a good risk reward with buy near breakout test zone i.e. 166 as major support exist between 155-170 zone being multiple moving averages support area.
FUNDAMENTALS:
Company has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 40.3%
Company has been maintaining a healthy dividend payout of 51.7%
CAUTION:
RSI on monthly is struggling to cross above 60, which can cause resistance
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
IEX Date 25.07.2024
IEX
Time frame : Day chart
Remarks : The stock formed long broadening wedge formation & now has reached a make or break resistance confluence of gann angle & support/resistance band. This is very significant area technically, fundamentally the stock has out performed & continues growth power demand is positive for the stock.
Quarterly Result IEX
IEX: Q1 CONS NET PROFIT 964.4M RUPEES VS 758M (YOY)
IEX: Q1 REVENUE 1.24B RUPEES VS 1.04B (YOY)
IEX: Q1 EBITDA 1.03B RUPEES VS 831.7M (YOY) || Q1 EBITDA MARGIN 83.3% VS 79.9% (YOY)
Hence, breakout from here will ride strong momentum
Regards,
Ankur
IEX - Rounding bottom with fresh volumesClear rounding bottom with fresh volumes.
Targets(T1, T2, T3 & T4) mentioned along with expected time frames. Stop loss marked as SL. Can achieve better targets, should carry trailing stop loss once in good gains. Also keep tracking quarterly results to monitor performance.
Disclaimer: No recommendation
IEX chart analysisIEX making a strong chart pattern for a short term upside of 27-30% return.
good buying levels between 165-170/- with strong support.
Expected bounce back as budget announced.
This is not an investment advice. Kindly do own research before investing.
Thank You.
IEX W pattern breakout candidatecmp 131
can be a breakout candidate...
W pattern formation
target:- 140 / 145 / 150 / 155 / 160
Regards..
Keshav..
03/09/2023
Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for educational purposes .. Good Luck 😉
IEX FORMING ROUNDING BOTTOM CAN BECOME 4X IN LONG TERM The stock has been forming a rounding bottom pattern on the weekly timeframe the 2 stages are completed which are the downtrend and the consolidation and now the stock is ready for the uptrend also the pattern is quite similar to that of zomato and amaraja batteries of which both are trading at lifetime high now
If we look fundamentally at the stock the stock has monopoly and pretyy dominant position in its sector and revenue growth seems to be uphill profits are highest ever but the price has not showed any movement yet
Targets are mentioned on the chart
IEX gave break out of its important resistance zone This stock has been in a downtrend for 3 years but recently it shift its trend and break important resistance zone
Breakout: IEXIEX is poised for breakout in the Weekly Chart.
Strong Momentum: Price above short, medium and long term moving averages
MACD Crossover Above Signal Line
Rising Net Cash Flow and Cash from Operating activity
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with No Debt
Increasing Revenue every quarter for the past 3 quarters
Increasing profits every quarter for the past 3 quarters
Book Value per share Improving for last 2 years
IEX - Breaking out after retestingIEX- its breaking out from the previous support after retesting it. Expecting a target of 225 based on simple elliot wave theory.
A rounding bottom can also be seen. So can expect much higher levels as there could be a possibility of an extension of the 3rd wave. Will watch and update.
Disclaimer - I am holding this stock
This is only an illustration of Elliot wave concepts for discussion and learning and is not a
IEX#IEX is entering Stage 2 after a strong breakout from a prolonged consolidation. With improved relative strength and volume, the stock is poised to reach new highs.
