Indian Energy Exchange Ltd - 27.08.2021

Indian Energy Exchange Ltd - 27.08.2021

The stock has a strong resistance @ 441 levels

Dark Cloud Cover Candle Formation in Daily Chart

Prices are above ema

Stochastic is overbought in daily chart

Let the prices breakout above 444, one can initiate a buy position above 444

NOTE: THIS STOCK WILL BE CONSIDERED AS A LONG-TERM INVESTMENT

Support & Target Price will be defined once the prices go above 444