IEX trade ideas
IEX Buy 707 T1 716 T2 738 SL 684Suggestions are based on my analysis only. Please do your analysis before taking any trade.
IEX Cmp 696 dated 8.10.2021IEX Cmp 696 dated 8.10.2021
1. Flag Pattern on chart.
2. Parallel Channel on chart.
BO above 705.
Buy for a tgt of 800-940 SL 620
it is just a view, pls trade at your own risk.
IEX - Stallion ready for another run?Daily Chart - We have seen an incredible bull run in IEX with the stock rising from a level of 400 to 587+ in just 9 sessions. While the stock has consolidated a bit after the run, it has managed to take out the previous swing high (Also the all-time high of the stock) comfortably. If we apply the Fibonacci tool, we can observe that the stock has taken support at the 23.60% level and has again started the upward journey. One may also estimate the possible swing targets for the stock using Fibonacci as below
Swing Target 1 - 640 (23.60%)
Swing Target 2 - 660 (38.20%)
Stop Loss - 540 (SL has been kept at previous swing low)
IEX LONG (Swing trading)Buy at 652.35 (Demand Zone) Stoploss at 632.65 Target 1 672.05 Target 2 691.75.
Suggestions are based on my Own analysis only. Please do your own analysis before taking any trade.
IEX Given Breakout and it is at ALL high timeIEX Given Breakout and it is at ALL high time
one can go long with small stoploss.
Can expect a good move after breakoutIex is consolidating after breakout, can expect a good move after the breakout.
Ultra bullish chartThere is a strong support at 560 and in an up move the resistance is expected at 990-1000
IEX - On supportIEX is now on one of its recent supports.. Can be watched for quick scalping opportunity.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON IEXIn this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
IEX & NinjaMoku 750 !!!NinjaMoku is a trend following system based on ichimoku , helping you to take right entry & exits at Critical Time & Location in the trend. Ride The Trend with NInjaMoku !!!
Good long opportunity in IEXIEX shows good buying opportunity as it had given a breakout after healthy consolidation on daily time frame.
We can enter in the stock after some pull back
IEX - Update on last idea (15.09.2021)In the previous post shared for IEX stock, I have done Fibonacci retracement analysis over the bull run of IEX to get an idea for further supports and resistance levels. The stock has managed to sustain the peak of the previous rally at 582-583 levels & has been consolidating in the range from 582 to 614. There is also an ascending trend line where the stock is taking support at. Also, we have 2 AVWAPs converging which also suggests that we may see a move in either direction with momentum. My biasedness is on the long side with a strict SL of 540 on a closing basis (as mentioned in the previous post.
IEX FRESH BREAKOUTAnother breakout in our evergreen stock IEX. buy above the horizontal line and follow the targets. As said before, my final target for IEX IS 1000.
IEX looks good for swingIEX (Indian Energy Exchange)
- Swing High Breakout - ✔
- Good Breakout Volumes - ✔
- Huge Accumulation & Price activity a few days before - ✔
- Spread Chart Breakout - ✔
- RS+ & Strong Relative Strength - ✔
Other points to note:
The new Electricity (Amendment) Bill 2021 delicenses State Monopoly on Electricity. Which is now open to competition from all private Electricity Distribution Companies. Consumers can now choose their Discom (like telcos)
Along with the boost in Electricity Distributor's business, it will also boost revenues for IEX.
Looks good for swing & Positionally
Add IEX to your watchlistThis scrip is in an uptrend for a while and it had recently given a breakout from a mojr resistance, it is now consolidating a bit. It had formed a small wedge sort of pattern in which it's being traded for past one month. By the way there's also a small trendline within the wedge pattern, so this scrip ha the potential to go up in coming days, if the markers too support it. By going with the Fib Pivot, this scrip has the potential to go to 640 in coming weeks but the BB shrinking, so the consolidation may continue for some more days.
IEX intraday trade idea for 28th Sep#IEX - entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (if present are in pink/orange) are the places where it's unsafe to enter. #INTRADAY
