Last year everyone's favourite stock was IRCTC and this year it was IEX, gave excellent rally upto 900 and management announced the bonus. Now after ex bonus it's been a worst performer. Iex is moving toward its biggest support, if that breaks then it will be a disaster for it. It can lead IEX to sub 100 level.

My opinion is avoid this stock or sell CE in this stock.

Chartbusters - chart - 14583441