Techno_Charts πŸ“ŠπŸ‰
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This is An Educational Channel and no Stock Is recommended for you to buy.
I'm only sharing my precious Research Work
Contact : @jaynesh_K
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I believe in making small money consistently 🐌
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Techno_Charts πŸ“ŠπŸ‰
Should you buy this stock? If Yes why and If No Why ?? Let's see your analysis βš‘οΈπŸ‘ I will share my views at 5 pm
My View :
I wouldn't buy the stock as the 2 huge Candles basically mean , Huge supply at higher levels .
Stock Generally Stays Sideways after this kind of price Action .
Check #Iex , #Irctc ,#Dmart

Also Stock is near Resistance, Below 21 ema and the recent Red Volume Bar is highest Red Volume in the past few months .
Basically look for Better setups where supply is reduced.
Example: AdaniPower , Mbapl etc
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#IEX heading towards our target of 130 and below β˜‘οΈ
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#Iex has been not a buy since long can head to 120 levels or below .
It's a stage 4 stock,
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#Iex
Stage Analysis
120 and 100 could be a good demand zone
Stock in stage 4 downtrend
A long way to go till we see stage 1 again
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#IEX
Wait for Stage 1 Breakout
Generally this accumulation lasts 1-2 Years

No, one knows the bottom so folow the trend using Stage Analysis
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#IEX
Stage 4 Now at 130 πŸ‘
At major Support
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#IEX
Still no change in Trend
Avoid Buying As Stock is in Stage 4 Downtrend
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#IEX Complete Breakdown of stage analysis
Above 155 , good to go
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Would You BUY/HOLD or SELL
#IEX ?
And why ?
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#IEX
Stock back in Stage 1 on weekly time frame
closed above 200 dema
123 RS turns Positiive
Good volume in recent days
Enter at 155-157
Stoploss 147
Target 175 -180
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#IEX looks Extremly Juicy at this price .
Small stoploss and big targets could be there.
Stoploss max 146
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#IEX
Stock back in Stage 1 on weekly time frame
closed above 200 dema
123 RS turns Positiive
Good volume in recent days
Enter at 155-157
Stoploss 147
Target 175 -180
Discussed in our recent podcast
@nakulvibhor
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#IEX dhoom dhoomβš‘οΈβš‘οΈπŸ‘
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#IEX max SL below 146
This will lead to Breakout Failure
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#IEX
Resistance at 245
Stock at 21 ema on daily time frame
Now at Lower circuit
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#IEX personally feel overall trend is still positive
One can keep holding if your buying is from lower levels.
Good RR at cmp as well πŸ‘Œ
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#IEX
Stock is extremely Negative at this point
Overall Highest Red Volume Week
21 ema Support Broken
Stance : Avoid
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#Iex
How many of you are stuck in this stock ?
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Area to accumulate popular stocks
1. #CDSL 1400s
2. #BSE 2300s
3. #IREDA 150s
4. #MotilalOswal 770s
5. #IRFC 130s
6. #IEX 170s
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Area to accumulate popular stocks
1. #CDSL 1400s
2. #BSE 2000s
3. #IREDA 150s
4. #MotilalOswal 770s
5. #IRFC 100s
6. #IEX ( Don't )
7. #Mazdock 2400s
8. #Cochinshipyard 1400s
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