IEX — Daily

Important Levels Range: 132 – 152 Support: 131 Resistance: 152 – 186 Trend: Range bound, no trend yet Business Power trading exchange; volumes impacted by regulatory changes and market reforms. High-margin digital platform but regulatory overhang exists. Earnings Profit growth slowed due to tariff changes and new market coupling discussions. Still very profitable but growth visibility is muted. Verdict Structurally neutral. This is a range play, not a trending stock right now.