Strong H1 Performance: 303% Growth in Loan Sanctions, 56% Rise in Disbursements Target: 370+ Stoploss: 218
Overview: NSE:IREDA is a fundamentally strong stock that entered a downtrend after reaching its all-time high (ATH) of 310. This stock is a trendy stock, which follows a trendy price action. After breaking its previous ATH of around 215, it surged to 310, delivering a 42% return. Following this rally, it pulled back to the prior ATH of 215 and bounced back...
NSE:IREDA is slowly storing energy to give huge breakout and give New ATH. Currently IREDA is wave 5 candidate in weekly chart and wave 3 candidate in daily charts. As all we know what happens when these two combines there is high probability the charts can go up. The view is applicable until the chart stay above 220, The view is invalid when it is below...
Indian Renewable Energy Development Agency (IREDA) is approaching a critical breakout zone. Currently trading at ₹244, it's positioned within a key range with strong resistance at ₹310. Keep an eye on the stock for a potential breakout above ₹254 or a breakdown below ₹233. These levels could define the next major move.
IREAD has formed a strong base with high volume confirming yet another really towards 300+ target so hopp on and ride along this bull run stock
Price is moving inside a rising wedge pattern as highlighted in grey. It is a bearish pattern unless the price breaks out of the upper trendline. To keep it simple, buy when the price reaches near the lower trendline and sell when price reaches near the upper trendline. Around 65 % upside potential is there if bought near 155 level for a target of around 260...
IREDA Poised for a 15-18% upmove from CMP. Reversing from a 2 week old consolidation - Bullish flag breakout - Trend continuation. Entry - Between 100 and 104. Target 110,113.40 119-123.
This stock breakout previous high breakout and create good opportunity for swing trade but candle closed strongly in D TF i am considered as good breakout and this is only for educational purpose only