Buy Indian Energy Exchange Ltd For Target Rs.275 - Religare Broking
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Derivative Ideas
IEX gained 1.34% and closed at 261.65 on 4th Jan. We are seeing a good traction in the scrip after testing its support 240 levels. The Scrip looks positive having immediate support at 250 level. IEX is expected to test its previous swing high that lies at 275. We recommend to go Long in IEX.
Strategy:- BUY IEX @ 258-260, SLOSS AT 253, TRGT 275.
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