Stock of the day : BUY IEX Ltd For Target Rs.157- Religare Broking
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IEX Ltd
* IEX has been witnessing recovery, after spending over one and half year in corrective phase.
* After the consolidation breakout, formed a fresh buying pivot while holding above its short term moving average i.e 10 EMA suggests momentum in place.
* The chart pattern and positioning of the indicators are in favor for a steady up move.
* We thus recommend creating fresh longs in the mentioned range.
Buy IEX Ltd CMP 147.75; Range* 147-148 ; SL 143; Target 157
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SEBI Registration number is INZ000174330
