IEX trade ideas
long target 163 As reverse Head & Shoulder made so go for long of minimum target 163 in few days with sl 145
IEX- Elliott Wave AnalysisHi Guys !
Today updated chart of IEX - Indian Energy Exchange (NSE). It seems the correction in the instrument has finished and it might be moving in an impulsive upside move.
In lower time frame it seems made a leading diagonal and a heavy correction after that. The levels has been marked in chart as I could see.
We are in major wave 3 of the instrument.
Please study the chart carefully. The chart is for educational purpose any losses will sole responsibility of the viewers.
Thank you.
Pls motivate if you like the analysis.
IEX - Reverse Head and Shoulders Pattern Being a monopoly and with good fundamentals the company has given a massive discount of 50%
Now I think it's a good time to buy and hold as it has formed a reverse head and shoulders.
One can go for buy at 152 and can hold till 164 for a short time period.
Apart from all these the company is offering a buyback at 200.
This is my view please make a thorough check from your end before going for a buy.
IEX BREAKOUT AFTER CONSOLIDATIONIEX consolidated on previous support level and trying to break up on high volume .
IEXIEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity.
Book Value 7.5
Current P/E : 41.9 ; Median P/E : 35
Trading below 10 , 21 , 63 , 100 , 200 EMA in daily chart
Below 50 % in Fibonacci Retracement , Trying to to take support @ 0.618
Bullish wedge - agreesive investors can add now and at 130 level Support , with SL 125.
Target Specified - 168 , 200 - Longterm
Inverted head & shoulder pattern in one day chartInverted head & shoulder pattern formed in daily time frame
IEX LONGiex form beautiful setup.
chart looking good to go for long investment
our system given buy triggered.our members holding position with sl
all levels shared for education purpose only.we are not sebi registered
My view on IEXIEX
Giving breakout of inverse Head & shoulder
tgt looking 152-155-160+++
in very short term
keeping on radar IEX 150 CE dec. contract
IEX made bullish head &shoulderIEX made a bullish head &shoulder at the bottom now we are waiting for the breakout.
Buy IEX at 147
Target 153 155.45 158.25 163.25
Sl 138
IEX Daily Time FrameIEX {Indian Energy Exchange} At Daily Time Frame Technical Analysis On chart patters and trend analysis
IEX highly underrated Wait for breakout trend line and retest
Invest systematically
You are responsible for your loss and profit
IEXIndian energy exchange 1 week chart it makes low at 135 according to me Resistance is 152 zone
support is 133 zone
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.
IEX AT VERY IMPORTANT LEVEL.4 support levels at ones horizantal,trendline,fibonachi and 200 weekly EMA and falling wedge pattern formation
Volume also supporting bullish bias
also bearish momentum seems to be slowing down.
IEX looks an excellent buy at CMP (39)Stock is at 61.8% and also at the base of original VA channel..........and also at strong S<>R!
iex 4hr TFVery good setup at the downtrend and targets mentioned in the charts and maintain strict stop loss of 135.50 because of current market scenario
IEX at crucial junctionIf this support is broken down then more paint. Any uptick should be consider as shining start.
Not a recommendation, only for Educational purpose. Just sharing my tiny knowledge accumulated so far. I might be severely wrong.
IEX:- LONG-TERM VIEW
There is a lot of talk going on behind IEX As it has corrected more than 60 percent from top.
There are two many reasons behind that.
But this is a fundamentally good stock and think it's time to start accumulating the Stock for a long time, A pe come down to 40 from 100 and EPS is around 3.5 (2% growth from last quarter )
Public holding is increasing and fiFIIi is decreasing which is not a good sign but I am buying for the long term,
like the insurance market power exchange is a huge expansion potential as only 6-7 percent of electricity is traded electronically.
in comparison to developing countries, where power traded in exchange is around 30-50 percent.
some of the following reasons for buying (source: money control)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with No Debt
The strong cash-generating ability from core business -
Improving Cash Flow from operation for the last 2 years
A company able to generate Net Cash - Improving Net Cash Flow for the last 2 years
Annual Net Profits improving for the last 2 years
ps:- I started accumulating around 140 but with a very small quantity in a SEP manner.
this is not a recommendation. Do your research before taking a trade.
IEX IEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity.
Book Value 7.7
Current P/E : 41.9 ; Median P/E : 35
Trading below 10 , 21 , 63 , 100 , 200 EMA in daily chart
Below 50 % in Fibonacci Retracement , Trying to to take support @ 0.618
Neutral - HOLD
Bearish head&shoulder in IEX short it Short IEX bearish head&shoulder has been made in this chart sell it out or short it's future.
Sell IEX at below 150
Target 145 138 128
Sl 155
Short it don't need to buy it
