Indian Energy Exchange Ltd. - Analysis

Indian Energy Exchange Ltd. IS consolidating in a penNant pattern in the hourly chart and likely to stay weak until it stays below 145-147 zone.

RSI too facing resistance from 50 levels which suggests probable weakness in the near term.

Keep a watch.


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The analysis done on the charts is based on current data & my personal observations.
All the information presented is for educational purposes only.
Please consult your financial advisor before investing.