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Indianrenewableenergy

IREDA - Ready To Bounce From Support🔊 IREDA - Ready To Bounce From Support IREDA - INDIAN RENEWABLE ENREGY ⌛Duration - Short Term (3 month to 5 month) 📊📈 Trade Logic - Bouncing from Long Term Support Area CMP - ₹232.37 Time Frame - Weekly 🎯Target 1 : ₹260 🎯Target 2 : ₹280 🎯Target 3 : ₹300 🛑 Stop : ₹210/₹220 🏆 Risk/Reward Ratio (1: 2.5) Disclaimer: The stock information shared here is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
NSE:IREDALong
by Profit_Trader25
Indian Renewable Energy Development Agency- Breakout OpportunityDate : 6-Jun-2024 Rating : Buy - Positional Trade LTP : Rs. 178.30 Targets: (1) Rs. 200 --> (2) Rs. 214 --> (3) Rs. 229 SL : Rs. 158 on daily close basis Technical View: • NSE:IREDA is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 200.25 on 3-Jun-2024, it has retraced 23% to 154 level. • On 6-Jun-2024, NSE:IREDA has broke out from its secondary down trend with high volume. • RSI is trading at 50.95 and MACD is trading at 2.67. • Looking good to start a new swing from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
NSE:IREDALong
by vicky252
IREDA - Indian Renewable Energy Development Agency Ltd.Date : 3-Apr-2024 Rating : Buy - Positional Trade LTP : Rs. 157.20 Targets: (1) Rs. 163 --> (2) Rs. 185 --> (3) Rs. 214 --> (4) Rs. 272 SL : Rs. 140 Technical View: • NSE:IREDA is moving in down trend since 6-Feb-2024. • After touching the life time high of 214.80 on 6-Feb-2024, it has retraced 44% to 121.05 level. • NSE:IREDA has broke out from its down trend on 3-Apr-2024 with higher than average volume. • RSI has crossed over 50 on 2-Apr-2024. MACD is about to crosse over 0. • Looking good to start a new uptrend from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NSE:IREDALong
by vicky252