IEX (IDEX Corporation) potential Buy setup
Reasons for bullish bias:
- Price respecting long-term trendline
- Strong weekly bullish candle closing at horizontal support + trendline
- Bullish divergence
Here are the recommended trading levels:
Entry Level(CMP): 206.58
Stop Loss Level: 187.88
Take Profit Level 1: 225.28
Take Profit Level 2: 240.85
Take Profit Level 3: Open
- Price respecting long-term trendline
- Strong weekly bullish candle closing at horizontal support + trendline
- Bullish divergence
Here are the recommended trading levels:
Entry Level(CMP): 206.58
Stop Loss Level: 187.88
Take Profit Level 1: 225.28
Take Profit Level 2: 240.85
Take Profit Level 3: Open
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