IEX Outlook on 17.12.21Chart is self explanatory . Currently support is around Rs.236. Momentum is below 20 DMA. If current support is not held , price will fall further and may find support around Rs.216 A simple analysis prepared for learning purpose.Educationby somnathrc4
IEX:Elliot wave labels+analysis+trade setup+observationsIEX is showing impulsive rise post covid low's.Currently we are in Primary wave 5 (which has taken a form of ending diagonal as it's 5 intermediate wave has 3-3-3-3-3 internal structure)intermediate wave 4 minor C,which can end near 200 odd levels. Following are the reason for intermediate wave 4 to end around 200-206 levels. 1)100% extention of minor A for minor C is coming @ 199 2)Intermediate wave 2 price action zone is 206-190,wave 4 in ending diagonal does enter and end in wave 2 price action zone. 3)We have raising trendline connecting primary wave 2 and primary wave 4 lows coming @ 190 which will keep on increasing there by giving us a zone of 190-200 as probable support. 4)we have 200 day ema at 180,and by the time we form wave 4 low's this too will rise towards 190 odd levels which can act as support. Analysis: So as of now we are in Primary wave 5 intermediate wave 4 minor C,meaning we can see current fall taking prices towards 200 odd levels,from there we can still get a last push on the upside in the stock in the form of intermediate wave 5,however this is the least ideal time for taking a long entry still for short term trader with pre-defined exit one can expect 10% move on the up side once price reverse's from 190-206 zone giving us a final target of 220.Stop-loss for this trade would be the intermediate wave 4 low's,trade setup criteria is discussed below. Trade setup Criteria: Again for entry one needs to have bullish reversal candle along with price crossing 9 day ema and breaching 2-4 trendline of minor wave C.Momentum indicator can be used to check oversold levels.Enter once price follows this criteria after entering 190-206 zone,and keep the reversal candle low as initial stop-loss for an upside target of 220. Observation: Wave-1:Leading diagonal Wave-2:Regular flat Wave-3:200% Extention of wave 1 Wave-4:Running falt Wave-5:Ending diagonal. Alternation between wave 2 and wave 4 is seen in terms of prior wave retracement,price,pattern and time. Disclaimer:This are just my views on this stocks,no position should be build or exited solely on its basis.I am putting this analysis for my future reference.Educationby UNDERDOG-297710
IEXDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.Longby nikhiluppala1600
IEX TRIANGLE PATTERNMarket Cap ₹ 23,666 Cr. Current Price ₹ 263 High / Low ₹ 319 / 66.4 Stock P/E 89.1 Book Value ₹ 7.00 Dividend Yield 0.51 % ROCE 59.7 % ROE 46.2 % Face Value ₹ 1.00Longby SamratSinghYadav445
IEX can take support at 20 or 50 EMAIEX currently at support by 20 ema. If broken, next support will come at 50 ema. Expecting a bounce from any of these levels. lets wait and watch. Disclaimer: This is a educational chart. pls invest after doing your own research.Longby sckeshari3440
Ready for Next rallySuccessfully re-tested the Breakout price and will be bouncing back in the upcoming days. Positional hold for few weeks for better profits. Longby vasanthmkc0
iex breakout trade setupIEX on hourly chart has given a clear stage breakout, I have mentioned the required SL levels and potential target regions, but need to make sure that the position sizing has to be limited here as Nifty iin not a trending structure.Longby thelastbull4
IEXIEX....retesting the levels as well as RSI on daily chart....can be entered comfortably for min 10% upside...good for long term as wellLongby suhasbob888335
IEX double bottom IEX double bottom breakout ... long entry at cmp .... stop loss will be below candle .... swing trade Longby Sameer_Patil742
IEX (Daily) - Flag Breakout 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 a decent case for going long / buying by Dhiraj_Ahuja3
Buy IEX. 12/12/21After month's consolidation IEX has given a up flag breakout on its weekly charts. Target - 400 W SL - 250 WLongby AbNamjoshi4
Buy at 290 SL 275 TGT 305 and 315Suggestions are based on my analysis only. Please do your analysis before taking any trade. by ashishlele290
INDIAN ENERGY EXCHANGE ( IEX )IEX has given Breakout from (0) and (B) trendline with good intensity of volume in daily time frame, Wave structure is also suggesting impulse move ahead, Now wave 4 has seen a long consolidation and we may be ready for wave 5, as wave 5 unfolds we may go towards 350 and 380 plus areas, All other indicators like macd, rsi, dmi adx, bollinger band, and stochastic are also suggesting positive trend ahead, One can go long at current levels or in dips (if any) with mentioned stop loss for mentioned targets on chart. Wave structure could be like this Breakout with good intensity of volume key levels are mentioned on chart along with stop loss and targets Volume decreased in corrective phase MACD in weekly running in positive and now uptick that too above zero line MACD in daily positive crossover and now uptick that too above zero line rsi uptick and above 60 and 70 in daily time frame upper bollinger challenged in daily time frame dmi adx positive ungali setup in daily Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing I am not responsible for your profits and losses Longby RK_Charts121266
Chart Analysis of IEX (11 Dec 2021)Best Daily/Weekly closing done. Channel Breakout Done. Target : 386,488 SL : 270 WCB Only for educational purpose.Longby marketviewbypb228
IEX Flag Breakout on weekly chartIndian energy exchange IEX giving a flag breakout on weekly chart after a couple of months consolidation Long00:42by AbhishekShukla_InvestorJi0
Traingle pattern with double bottom breakout in lEX1. Double bottom breakout . 2. Traingle breakout. 3.RSI hidden divergence. IEX given breakout on daily chart almost 8% high today for long term wait for retest.Longby RushikeshPatil_70
IEX: full of energy?IEX completed the retracement of 61.8% at 690, it has a horizontal support at 690, it has a channel support at 690, I see a confluence zone and expect a sharp upside from this 685-695 zone. and cherry on the top, it has a positive divergence on weekly time frame, from this week to next 2 weeks, you will see on the charts what I see right now.Longby rks25195Updated 331
IEX watch if closing is good with good volume..iex triangle pattern need good closing b.o. with good volume posted as to learn technical pattern trend analysis.. confirm at ur end techno fundamenatl. market is always risky, sor risk is ur ,decission is ur. by kumardkp123Updated 4
Buy at 272 SL 264 TGT 279Suggestions are based on my analysis only. Please do your analysis before taking any trade. by ashishlele290
asymmetrical triangle - near stock split rangevery trending stock for a year now after split again gaining momentumLongby paddymajhi7
** Trade Setup for IEX stock in the cash segment not f&o ** Good opportunity to Buy with keeping in mind that it may give you upsides. Here we have provided the trade setup based on support resistance on the Stock IEX. The Stock is looking to hit the two resistance on the upside and even if there is a little bit of consolidation between the zone. We have to play the stock in cash segment with proper risk management and position sizing. The Suppoprt provides a good opportuinity for positional and swing traders to jump in. Longby Shruti_AdvisoryUpdated 332
IEX movement after Ex Bonus.After ex bonus, IEX is under symmetrical triangle movement. Rs.250 is the critical range to determine the upward or downward movement. Fresh sell / profit booking may be expected once the bonus shares are credited to DMAT account. Educationby denasridhar0