IEX trade ideas
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
Another High reward low risk opportunity IEXDisclaimer
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
There is an important adage in gambling that is true in all endeavors, and that is that you should not bet until you have a good hand. In trading, that is true as well. Wait for a good setup before placing a trade. If you trade without discipline and without a sound method, then you are relying on luck and hope for your profits, and your trading is unquestionably a form of gambling.
This idea is in continuation to recently published good risk reward opportunities in PNB and ITC ideas linked below in link to related ideas .
#IEX at Harmonic Possible Reversal Zone#IEX next harmonic
Target -240/260+
PRZ -219
SL-215
CMP:249 @18 January 2022
iex returnIEX is falling from last four days in a row and in the second half of todays trading session in returned from its one day time frame support now i'm considering it a buy with sl of trendline and targets of 240-250-260 respectively
Looks like IEX is forming HEAD and ShouldersIEX is forming Head and shoulders pattern. It is taking support at 100EMA if it break 230 level according to Head & shoulders pattern and support levels we can expect targets as
Target1: 206
Target2: 190
NOTE:
It broke the trendline of 1sep-20Dec and it is also forming bearish flag and pole pattern
Pole Target :206
MACD: Negative
100EMA:234
200EMA:200
#POSITIONAL KASH STOCKThe stock IEX looking good at this level. It has taken good support and shown reversal from the support. 267 is expected as per the technical chart structure.
Request you please your own study before any trade. My view is just for the study purpose and it can be wrong at any point in time.
So please do your own study.
IEX on critical supportIEX should be on watchlist as it is on ciritical support level, if it sustains ths level it will go up.
IEX Short NSE:IEX
A a good place to short with less risk
Note: I'm not SEBI registered guy, Its for education purpose only
IEX: AnalysisINDIAN ENERGY EXCHANGE (IEX)is India's first and no. 1 electricity exchange. It is a transparent, neutral, demutualized, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.
CMP: 238.70
IEX now facing down trend. very critical Support zone. Market Retraced on 238 and go down up to 202 to 166. best for short.
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If you want to know about your stock please mention in comment.
IEX ReversalAfter huge selling markets can be good for swing now, having a doji at support makes a good indication to enter for a short term trade
