2025-05-28 11:25:09 am | Source: Religare Broking
Stock of the day : Indian Energy Exchange Ltd For Target Rs. 213 - Religare Broking Ltd
Indian Energy Exchange Ltd
Buy Indian Energy Exchange Ltd CMP 199.45 Range 198-200 SL 192 Target 213
* The stock has recently broken out of a broad consolidation range between 150 and 190, after spending nearly seven months within that zone.
* It hovered around the breakout zone, forming a fresh pivot above the same and its 20-EMA, reinforcing the bullish momentum.
* The favourable chart structure is likely to drive the stock higher to retest its swing high.
* Traders can consider longs in the mentioned range.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Accumulate ABB India Ltd For Target Rs. 5,580 By El...
Lifestyle Architecture: Designing a Life You Love
Accumulate UPL Ltd For Target Rs. 749 By Elara Capital
Stepping in Style: A Guide to Kids? Footwear Trends ...
Accumulate Relaxo Footwears Ltd For Target Rs. 489 B...
Adani Electricity`s 1st digital 220 kV substation to...
Evening Roundup : A Daily Report on Bullion Energy &...
Autistic patients at high risk of Parkinson`s diseas...
Australia women to tour India for three ODIs ahead o...
Moneyboxx Finance reports 56% growth in FY25; streng...
