IEX21st June 2021
IEX
Target 1 - 390
Target 2 - 402
Time frame 15-20 days.
Only for educational purpose. Take your trades by studying and doing your own analysis
IEX trade ideas
IEX (Indian Energy ExchangeFormation of ascending triangle pattern is in progress on daily chart
may go long with stop loss of 365 for target of 408 in short term
Good intraday setupPNB is taking support at 40.80 from the last 4 days.. If tomorrow it break the support then a big fall could happen. And if it sustain above it then it could bounce back.
IEXChart Updated.
Targets: 480-490 levels
Disclaimer: Chart is shared only for educational purpose. Before investing please consult your financial advisor.
Quick 5% grab LongIEX can be bought for a 5% grab,Our immediate target will be 411 Place stop loss at 484.
Disclaimer: For educational purposes only, Follow for more.
IEXAscending Triangle formation
Target around 420 (approx) levels.
Disclaimer: Chart is shared only for educational purpose. Before investing please consult your financial advisor.
FY21-22 Swing Trade Idea #91: Long on IEX This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
IEX at buying zoneIEX is on a clear uptrend and constantly retracing to 0.618 and 0.728 after a short rally.
Now at a position similar to candles on sessions of April.
Expecting a good move after a pullback to 350s.
Expecting target 400 in 20 sessions
SL below 340
IEX trading in the zome.IEX is trading in the zone since 6-7 trading sessions. A breakout above 380 with good volumes can lead to new All time high. It will be weak below 360 levels. Keep an eye for breakout with huge volumes above 380.
Indian Energy Exchange (IEX) for Mid-term to Long-termImportance of Analysis:
1. Bullish market structure
2. Triangle Pattern and trendline Support
3. Trendline breakout or Resistance zone breakout
4. Good Market Sentiment and strong fundamentals of company with good order book
5. Resistance zone: 380 to 384
6. Support: 365 to 368
7. Target: if upper side breakout:
Short term: 400-425
Mid-Term: 425+
Long-Term:450+
8. Target: if lower side breakout: i.e. 365 and trendline breakout is confirmed
level1: 360 / 353/ 343
9. Stop loss: Anywhere between 10-30 pts (According to your Risk appetite)
10. You can go to smaller time frame for more details
Disclaimer: we are not SEBI registered, this is only for education purpose so please take advise from your financial advisor, invest at your own risk.
NSE:IEX
IEX wait for break outIEX is in uptrend .if u can wait for breakout its a good opportunity to go long
