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IREDA CMP 207 Weekly Chart Forming Parallel channel
INDIAN RENEWABLE ENERGY
Long
IREDA CMP 207 Weekly Chart Forming Parallel channel
By maruviral
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Dec 4
1
0
Dec 4
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.
Resistance around 229-234, 260-264 and ATH 310
Support 189, 170
Target 1 : 310
Target 2 : 540++
Probable Time Period : 3-5 Months
Moving Averages
Parallel Channel
Trend Analysis
maruviral
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