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INDIAN RENEWABLE ENERGY
Updated

IREDA 2 BO OR NOT 2BO ?

265
Ireda is pushing at the breakout level after long consolidation. A close above 241 will be valid breakout. RSI is rising and volumes are picking. The budget may offer more sops to the renewal sector. Valuations of private renewable energy companies is at a high .IREDA may join the party.
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IREDA is trading above 3 week ema ( crossed last week indicating a reversal)
Asimh123
Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
Asimh123

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.