Indian Energy Exchange Bulish(Breakout Weekly Timeframe)As we can see i have drawn weekly resistance trendline and price given a clear breakout. I have marked some important levels by using fibonaaci retracement on latest swing which will be acts as a targets. Please keep stop loss as per your risk appetite.
Indianenergyexchange
IEXPotential Breakout possible .
Cup & Handle formation.
Good for Short term.
Target 163 , 190.
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
IEX NEAR BREAKOUT LEVEL !!!The price consolidating well in a range of 128 To 154, and now price trading near the breakout level. If price breaks the level of 154 and closes than sharp upmove can possible in next coming trading sessions./b]
#IEX (W)
👉 Stock Consolidating well👍
👉 Support 128 below that 108📈
👉Breakout possible above 154+📈
👉Buy Above Breakout Confirmation🎯
👉Keep On radar✅
IEX Positional Up Side Idea.NSE:IEX is now ready to make breakout for up side. My idea is to take entry once price retest level of 140.
Then put a stop loss of 10 Points (SL 130) and hold positionally till bigger targets of 145, 152, 163 & 177. It could be very best risk and reward option.
Note: This is my personal analysis, only for learning.
Thanks.