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IREDA

Indian Renewable Energy Development Agency- Breakout OpportunityDate : 5-Dec-2024 LTP : Rs. 220.86 Targets: (T1) Rs. 265 --> (T2) Rs. 310 --> (T3) Rs. 389 SL : Rs. 183 Technical View: • NSE:IREDA was going through it's primary downtrend since 15-Jul-2024. • After touching the high of 310 on 15-Jul-2024, it has retraced 41% to 181.40 level. • NSE:IREDA has breakout from it's primary downtrend with higher than average volume. • NSE:IREDA is trading above 20 DEMA and 50 DEMA since last couple of sessions. • RSI is in buy zone and trading at 62.74. MACD has crossed 0 line on 5-Dec-2024 and trading at 1.19. • Looking good to start an upward journey from here. Liked the analysis? Boost/Like this idea and follow my ID. 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. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
NSE:IREDALong
by vicky252
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
IREDA ( going to shoot up ); 2024- best pick; min 100% ROIMay be going to became "Hot stock - 2024" Fundamentally good stock, Good For short term/ long term investment in cash market'. Leave a " Like If you agree ". 👍 . . Enter only after breaking & close above " Yellow box" mentioned. ' ' Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . Refer old ideas attached below🧲 Follow for regular updates👍
NSE:IREDALong
by TheNuraTrading
5
Indian Renewable Energy Development Agency- Breakout OpportunityDate : 29-Jul-2024 LTP : Rs. 266 Next Resistances: (1) Rs. 310 --> (2) Rs. 358 SL : Rs. 232 on daily close basis Technical View: • NSE:IREDA is in it's primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 310 on 15-Jul-2024, it has retraced 25% to 232 level. • On 29-Jul-2024, NSE:IREDA has broke out from its secondary down trend. • NSE:IREDA is trading above 21 DEMA, 20 DMA and 50 DMA. • RSI is trading in buy zone at 60.95. • MACD is trading at 17.48. • 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. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
NSE:IREDALong
by vicky252
IREDA Analysis!NSE:IREDA Analysis on a Daily Timeframe! Triangle Pattern Formation in IREDA! Triangle Pattern Breakout in IREDA! Analysis: As we can see the stock in moving in a triangle since December 2023. It was continuously consolidating in it. On 27th June it tried breaking out the resistance but unable to sustain above the resistance. Today again it has been successfully given the breakout and able to close above the breakout. As i marked all the important levels on the chart please have a look. Trade Setup: Entry = Current price level is good to Enter Key Level = 214.80 This is the All Time High Level, Price may reverse from this level but if it breaks, will the major uptrend Target = 455.85 Stop Loss = Below 173 or as per your Risk To Reward Disclaimer = Consider my analysis for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:IREDALong
by Avinash9087
4
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
Indian Renewable Energy Development Agency- Breakout OpportunityDate : 14-May-2024 Rating : Buy - Positional Trade LTP : Rs. 173.15 Targets: (1) Rs. 185 --> (2) Rs. 214 SL : Rs. 154 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 192.20 on 29-Apr-2024, it has retraced 17% to 158.70 level. • On 14-May-2024, NSE:IREDA has broke out from its secondary down trend with high volume. • NSE:IREDA has also closed above 20 DMA and 21 DEMA on 14-May-2024. • RSI is trading at 56.16 and MACD is trading at 3.07. • 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
IREDA NEAR BREAK OUT OF VCPIREDA Rally - Base - Rally price action 1.First Rally, then forming Base in the VCP pattern (Volatility contraction) & then again expected Rally after break out of the neck line. 2. Close above previous day High(170.4) 3. Close above last week High(169.7) 4. Close above last month High(163.7) 4. High increase in 1 month (+21.2%) 8. Promoter holding 75.00% 9. Pledged percentage 0.00 % 10. Change in Prom Hold 0.00% 11. FII holding 1.36% 12. Chg in FII Hold -0.52 % 13. DII holding 0.94 % 14. Chg in DII Hold -3.43 % 15. Stock PE 36.6 16. Industry PE 17.1 17. ROCE 9.35 % 18. ROE 17.3 % For Educational Purpose Only
NSE:IREDA
by Sachin_Lokchandani
2
IREDA - Indian Renewable Energy Development Agency Ltd. Date : 7-Jan-2024 Rating : Buy (Mid Term as well as Long Term Opportunity) LTP : Rs. 105.10 Target: (1) Rs. 123 --> (2) Rs. 140 --> (3) 168 ++ SL : 85 Technical View: Since the listing, NSE:IREDA is in its primary uptrend. Recently it has given break-out from its secondary down trend and been consolidating between 101 & 105. This break-out and consolidation is giving a bullish signal for a start of new swing within it’s current primary uptrend. Mid-Term View: • NSE:IREDA is likely to make it to the MSCI Smallcap index, according to Nuvama Alternative & Quantitative Research. If research firms to believed then MSCI may make the official announcement on February 13, with adjustments set to take place on February 29. • Any inclusion or increase in stock weightage in global indices like MSCI and FTSE leads to inflows from passive funds, which track that index. Long-Term View: • NSE:IREDA provides a comprehensive range of financial products for promoting, developing, and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. • In it’s National Electricity Plan (NEP), India has charted out to triple its renewable energy capacity by 2030 to meet it’s commitment of a sustainable energy future. However, realizing this vision comes with a significant price tag, requiring a substantial investment of USD 293 billion. 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
2