Indian Energy Exchange Ltd.
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IEX 1 Week Time Frame

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📊 Current Context

IEX is trading around ₹138–₹142 range recently.
Short‑term technical indicators show bearish bias but mixed signals overall.

📌 1‑Week Key Levels (Support & Resistance)

📈 Resistance Levels
1. ~₹142–₹143 — Immediate resistance / pivot cluster (key short term)
2. ~₹144–₹145 — Next resistance barrier, breakout level for bullish bias
3. ~₹147–₹150 — Major weekly resistance region (higher breakout zone)

📉 Support Levels
1. ~₹138–₹140 — Immediate support zone (near current value)
2. ~₹135–₹136 — Secondary support if breakdown below immediate zone
3. ~₹133–₹132 — Stronger lower support / swing lows for the week

📍 Short‑Term Technical Sentiment
Weekly ratings suggest a sell/neutral bias, indicating pressure below key resistances.
Oscillators (RSI/MACD) also point to bearish momentum on short timeframes.

📈 Actionable Levels to Watch

Bullish scenario
A clean daily close above ₹144–₹145 increases the likelihood of an upside toward ₹147–₹150.

Bearish scenario
Sustained trading below ₹138 could accelerate selling toward ₹135–₹132.

Neutral/Consolidation
Between ₹138–₹144 may remain a tight range unless triggered by a breakout move.

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