IREDA CMP 207 Weekly Chart Forming Parallel channel
IREDA is forming Parallel Channel on Weekly chart.
RSI 14 is going up slowly. Price is trying to cross 20 EMA line on weekly basis.
RSI 14 is going up slowly. Price is trying to cross 20 EMA line on weekly basis.
- Resistance around 229-234, 260-264 and ATH 310
- Support 189, 170
- Target 1 : 310
- Target 2 : 540++
- Probable Time Period : 3-5 Months
Trade closed: stop reached
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