Buy Indian Energy Exchange Ltd For Target Rs. 230 - Religare Broking
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Derivative Ideas
IEX gained 4.01% and closed at 222.8 on 9th Mar. The stock after taking the support at its important support zone around 200-205, saw a good up move. Now after breaking out above 218, the counter is poised to test its resistance at 235 levels. We recommend to go Long in IEX.
Strategy:- BUY IEX @ 217-219, SLOSS AT 211, TRGT 230.
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