IEX Indian energy exch has good volume in this area. Broken bullish pattern. further bullish travel can make uptrend to 197.
IEX trade ideas
Long IEXChange in Trend from down to up
Improving fundamentals since 2qtrs
increase in volume
Indian economy continues to be the world's fastest-growing major economy.
Target 295
SL 130
CMP 162
Indian energy exchange is forming double bottom pattern At this point we can take a buying position using proper risk to reward ratio minimum 1:2 and can even trail further
IEX LONG ENTRYBased on FIB Levels, Volume and Technical Indicators. IEX could be LONG as show above.
IEX for long considering 123 is the bottom
1-huge consolidation near harmonic reversal zone ABCD Pattern
2-fundamentally good stock
3-high risk to reward ration near 123 buying level
4-multiple times it failed to give proper bullish market structure but it protected the bottom level support
IEX- Rounding Bottom pattern in ProgressIEX is in the process of forming rounding bottom pattern, can be added at current market price for a target of 250.
Time frame- 3 months
IEx - buyBuy < 162 upto 160
sl close below 157
easy tg 170
tg2 - 180
Not suggested
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Midterm Trade beautiful trendline & horizontal resistance breakIEX
Mid term trade above 168
IEX breaks trendline resistance and also breaks horizontal resistance with good volumes
my view for midterm above 168 and if it retrace to retest on trendline will take second entry around 155 with stoploss of daily close below 152
target 1 : 184
target 2: 197
target 3: 229 plus
also its also good for longterm investment above 168 levels
for reference look at the chart
Indian Energy Exchange Ltd |The Next Multibagger Indian Energy Exchange Ltd |The Next Multibagger
Incorporated in 2007, Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity
Financial: Excellent
Market Cap = 14,980 Cr. ROCE = 51.8 % ROE = 39.4 %
Debt to equity = 0.01 Quick ratio = 1.47 Current ratio = 1.47
Piotroski score = 4.00 Profit Var 3Yrs = 20.3 % Sales growth 3Years = 16.0 %
This stock is technically strong bullish candidate. RSI is now entering momentum zone.
since long time it was consolidated and now its seems over and big player enter in this stock.
Gem: Do not enter in stock randomly. wait for stock momentum and then participate. yo will see stock moves fast than normal speed.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
ascending triangle breakout pattern tradeiex :
cmp 131.75
trade setup:
1. buy above 132.50
2. stop loss 126 on closing basis
3. targets : 141/ 145 / 153 / 157 / 163+
technical setup:
1. ascending triangle pattern breakout trade
2. volume spike near breakout
3. bullish engulfing candle
4. higher weekly close
5. value addition
Amazing swing trading idea for 29 December Markets I daily make educational content videos for swing / positional trading.
Indian Energy Exchange (IEX): Emerging from a base...From the high of 318, the stock corrected almost 64% and is currently trying emerge from a consolidation.
A weekly close above 165 is important for momentum.
However, always keep a strict stop loss as per your risk if trade doesn't go as plan.
Note: Not a buy/sell recommendation. Please consult your registered advisor.
IEX - looks like a new multibagger#IEX may be a next #multibagger
Trendline breakout
Candle sustained above the convergence of 20,50,200SMA
Round bottom formation often leads to cup and handle pattern
Rise in volume indicate heavy accumulation
IEX looks bullish with increasing volumeIEX looks bullish above 167. recently the volume has been increasing, which indicates the probable accumulation of the stock by institutions/pro traders.
IEX breakout in cup and handle patternkey points to be noted :
> since may,23 to 15th dec,23 it had formed a cup pattern and has consoliated in 8 months
>now after 15th dec, it has formed a handle pattern till now.
>it had a very strong resistance near @160 level which is supposed to be broken in next fews sessions.
>now we may see an uptrend for sure if it closes above 165 to 170 level with relatively high volume.
>RSI shows an @60 shows a strong buy
>keep an eye for this stocks
iex - buyBuy from cmp to 153
sl close below 152.8
easy tg - 157
tg2 - 160
Not suggested
Disclaimer : This is my personal analysis for study purpose not intended for trading.
IEXIEX - BUY for the target of 160/200+ SL 117. after a long consolidation and breakdown now stock is steady to go upside and volume of business is also healthy.
IEX Breakout: Targets 185, 205, 230 - Watch Breakout Point 160It appears that IEX is approaching the resistance level of 155-160. There is a possibility that it might surpass this level and continue to rise.
Potential Targets:
- Target 1:- 185
- Target 2:- 205
- Target 3:- 230
!!!!!! It's important to note that this information is not an investment recommendation. Before making any investment decisions, it is advisable to conduct thorough research and invest according to your own risk management strategy. !!!!!!
IEX on Rocket launch !!!IEX has strong support at 125-150 zone.
accumulation has taken place for 1 year almost 14-15 months now on the verge of a breakout.
stock has given less than 10% return in 1 year but sector has given almost 30%
Fii has increased from 14% to 17.28% in past 3 months !!!!
PAT was 86 cr grown by 21%
highest sales of 108cr (Q)
Anticipation, Observation and Wild GuessJust a Instinct in mind reminds of this completing a Cup
As it reached half cup, it looks why not it completes the full cup :)
Lets wait and see what intution says
IEX breakout after long consolidationIEX has been consolidating for about a year now. It had some negative news and this took time to consolidate.
The 3 fan pattern has given a clear reversal pattern.
Good supports between 142 and 150.
Stop loss: 137 ( Actually its at 121.If you can handle loss it then, good for you)
target : 190-200
Disclaimer : I do have positions and I will stay or come out at my discretion
