IREDA - Wave 3 Tops at 156 (Expected 155 ) Next Wave-4 Triangle

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WaveTalks - Market Whispers: Can you hear them?


Holding Above 144 , Stock could push upside towards 165-175 target zone & complete one of its minor degree waves upside which started from the recent lows of 103 as discussed in the connecting ideas for the stock.
It is amazing to see how stock halted exactly 162% travelling wave 3 distance as shown in the previous idea.

What Next?
Currently post completing wave 3 upside, stock started doing sideways this morning & the best possible structure to unfold in wave 4 is a triangle.

Critical level
144 to hold as support

Next Target zone
165-175

Last Ireda Idea - Wave 3 - Up, Up & Away

IREDA - Debut Idea

Trade closed: target reached:

9:26 am / 30th Jan 2024

Last @ 177

All targets completed 165 & 175.