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IEX Accumulation phase

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NSE:IEX   INDIAN ENERGY EXCH
IEX, monopoly stock in energy trading.
It's looking in accumulation phase
Notice the high volume on daily chart which is preventing it from going below support level of 119.
It has a resistance level of 130, if it beaks with high volume them it can go 152 levels and further 250 levels,
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