IEX - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📉 IntraDay Trade Rating for IEX: 2.6
India Energy Exchange (IEX) is technically oversold and hovering near its 52-week low. Despite strong fundamentals, momentum indicators and price action point toward continued weakness. Without confirmation of reversal or surge in volume, this remains a reactive low-conviction intraday trade.
⚙️ Technical Snapshot
RSI (22.7): Deeply oversold. Indicates the potential for a bounce — but risky without volume confirmation.
MACD (-13.0): Strong bearish divergence. Momentum is still sloping down.
Price ₹135 is far below
DMA 50 ₹187
DMA 200 ₹183 → Long-term downtrend confirmed.
🔍 Volume & Liquidity Watch
Current Volume (4.97 Cr) < 1W Avg (12.2 Cr) → thinning participation.
Strong reversal needs intraday volume spike above 6.5 Cr to ignite meaningful upside.
📚 Fundamental Highlights
🔸 Metric Value Comment
ROCE / ROE 53.4% / 40.7% Exceptionally efficient
EPS / PE ₹5.08 / 26.5 Reasonable valuation vs. industry PE
FII Change +2.40% Smart money accumulation beginning
Debt/Equity 0.01 Minimal leverage, low structural risk
PAT Q/Q Growth +3.4% Stable performance, not a growth catalyst
🧩 Fundamentally strong, but intraday trades require chart-based conviction — which is currently missing.
🎯 Intraday Strategy
✅ Fresh Entry Considerations
Buy Zone: ₹134 – ₹135 (Only on 5-min bullish engulfing / hammer candle with 10% surge in volume)
Target Zones
Level 1: ₹138
Level 2: ₹141
Stop-Loss: ₹131
🔄 Already Holding Today?
Profit Booking: ₹138 – ₹141 (Exiting here if price stalls near resistance zones)
Exit on Breakdown: < ₹131 with strong red candle (Avoid deeper bleed)
Trailing Stop Suggestion: ₹133 (Lock gains on bounce attempt, especially in low-volume environment)
🧠 Final Takeaway
⚠️ IEX isn’t the go-to pick for intraday momentum today. If you’re holding, protect downside using tight trailing stops. If considering fresh entry, wait for price and volume confirmation before executing — otherwise you may be catching a falling knife.
Want help scanning for other power-sector plays or mid-cap names building intraday volume? I’ll line up sharp alternatives. Let’s get tactical. 🔎📈
Edit in a page
Back to IntraDay Trade List