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IEX

IEX : Accumulation : Box pattern Accumulation is going on in IEX since long time. this is 2nd attempt for IEX to breakout from box pattern but it seems hard to break. if it break 150 level then we can see again 130-135 levels. But keep eye on it. for me, its good R:R when price comes near 130-135. 125 seems good support here. Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing I may be 100% wrong as its my personal trade. First Learn and then remove "L"
NSE:IEX
by ChartsSpecialist
IEX the monopoly company has Double Bottomed for a reversalIEX has closed above EMA 9 & 20 the stock has taken multiple rejections from EMA 50 line which also acts as main resistance to the stock price since a long time. The stock is expected to reach the target price by taking its previous price actions. The stock price may retest EMA 50 before hitting Target 2. Place stop loss GTT trade while taking the position. remember to authorize the sell every morning to execute the GTT trades successfully. Note,: This trade idea is entirely upon my personal observation, this is not a recommendation or call. I request you to do your own research before taking the trade. Do comment for any doubts or clarification. NSE:IEX
NSE:IEXLong
by harshith67
5
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.
NSE:IEXLong
by ASHWINIKUMAR2101