Get started
INDIAN RENEWABLE ENERGY DEVELOINDIAN RENEWABLE ENERGY DEVELOINDIAN RENEWABLE ENERGY DEVELO

INDIAN RENEWABLE ENERGY DEVELO

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

IREDA trade ideas

IREDA - 30% upside potentialPrice Analysis & Overview: 1. Price is in channel, formed double bottom. 2. conviction is less since price is choppy within the channel. 3. Good volumes have started bulding. 4. Good quarterly results will be expected to kick start the momentum since price action is limited in new listings. - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:IREDA
by SuperNova396
IREDA BREAKOUT WITH CLASSICAL ASCENDING PATTERNNeat And Clear Breakout of Ascending triangle pattern on IREDA chart on weekly basis . The Risk to reward is mentioned on the chart {1:2} ratio . The trendline with an angle of 45 degree gives more probability on the buying side , the buyers are looking more stronger with respect to the trendline, where the price is taking multiple support from the trendline is a perfect example of strong hands sitting on these levels . Recently the resistance zone has broken and Stoploss has been triggered for the sellers ,where they have to close there position which leads to bullish momentum. HAPPY TRADING (:
NSE:IREDALong
by PIE25
IREDA LONGThe Elliott Wave analysis indicates that the stock has finished waves (i) and is nearing the end of waves (ii), which are shown by blue numbers on the daily chart. Wave (i), also known as the impulse wave, unfolded into five waves, which are illustrated in red. Wave (ii), also known as the corrective wave, unfolded in an a-b-c pattern, as indicated in red. Wave c of wave (ii) is unfolding in five waves, as illustrated in the black circle. It appears that wave 5 in the black circle is still unfolding. It is a buying opportunity on the downturn (dip). Wave (3) will begin following the completion of wave (ii). Wave (3) is expected to have around five subdivisions, which are highlighted in red. Wave levels are depicted on the chart. Level of Invalidation The invalidation level of 50 has been identified as the starting point for wave (i). If the price falls below this level, it means that the projected Elliott Wave pattern is not as it appears. I'm not a registered Sebi analyst. My research is done solely for academic purposes. Please consult your financial advisor before trading or investing. I bear no responsibility for your profits or losses. Regards, VJ.
NSE:IREDALong
by drvineet
11
Indian Renewable Energy Development Agency LtdTG.350 symmetrical pattern ABOUT Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit taking NBFC with the RBI. The company was established for the promotion, development and commercialisation of new and renewable sources of energy and provides financial assistance to energy efficiency and conservation projects. The GoI conferred the status of Mini Ratna under Category-I upon IREDA in June 2015. RBI classified company as “Infrastructure Finance Company”. Indian Renewable Energy Development Agency Ltd ABOUT Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit taking NBFC with the RBI. The company was established for the promotion, development and commercialisation of new and renewable sources of energy and provides financial assistance to energy efficiency and conservation projects. The GoI conferred the status of Mini Ratna under Category-I upon IREDA in June 2015. RBI classified company as “Infrastructure Finance Company”. KEY POINTS Business Profile Company is the nation's largest pure-play green financing NBFC. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for Renewable Energy (RE) projects and other value chain activities, such as equipment manufacturing and transmission. Projects IREDA has financed projects across multiple RE sectors such as solar power, wind power, hydropower, transmission, biomass including bagasse and industrial co-generation, waste-to-energy, ethanol, compressed biogas, hybrid RE, EEC, and green-mobility. Geographical Presence IREDA has a geographically diversified portfolio across 23 states and 4 union territories in FY24. Loan Book IREDA has a diversified loan book of Rs. 60,000 crs. in FY24. It has demonstrated strong growth of 27% from FY23. 75% of outstanding loan to Private Sector. Sector Split Solar Thermal/ SPV: 27% Wind: 18% Loan facility to State Utilities - Others : 14% Hudro Power: 12% Loan facility to State Utilities - Genco : 7% Manufacturing : 6% Ethanol : 5% Others: 11% Loan Sanctions & Disbursement Loan Sanctions of Rs.37,353.68 Cr and Disbursements of Rs.25,089.04 Cr in FY24, registering an increase of 14.63% and 15.94% respectively, over FY23 loan sanctions of Rs.32,586.60 Cr. and disbursements of Rs.21,639.21 Cr. Loan Concentration Thepercentage of exposures to the twenty largest borrowers at 52.53%.
NSE:IREDALong
by Dr-Ajay-Bagirathy
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 Ltd30% return in 7 days. ABOUT Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit taking NBFC with the RBI. The company was established for the promotion, development and commercialisation of new and renewable sources of energy and provides financial assistance to energy efficiency and conservation projects. The GoI conferred the status of Mini Ratna under Category-I upon IREDA in June 2015. RBI classified company as “Infrastructure Finance Company”
NSE:IREDALong
by Dr-Ajay-Bagirathy
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
Long IREDA looks good all time breakout after 5 months consolidation. company is doing future oriented business. IREDA has recorded Loan Sanctions at Rs. 9136 Crore and Loan Disbursements at Rs. 5,320 Crore during 1st Quarter ended June 30, 2024, a significant growth of 382.62% and 67.61 % respectively over corresponding quarter of FY 2023-24. Loan Book stands at Rs. 63,150 Crore, a record growth of 33.77%. Note Stock can be retest as shown on the chart Only for educational purpose
NSE:IREDALong
by RAJDEVAA
IREDA Stock looking Good for swing as well as postional tradingIREDA Stock looking Good on the Charts for swing as well as postional trading. The daily chart shows the formation of an ascending triangle pattern with the price currently near a breakout zone. A Good to go above 197✅✅ If the broader market sustains, IRDEA could show gains of 50% till the 300 level on a positional basis. Entry: Above 197✅ Sl: 171❎ TGT 1: 215🔥 TGT 2: 246🤟 Positional traders may hold till 295 also
NSE:IREDALong
by Ankit_Kumar_Singh_
Ireda 1 Day Timeframe We built Ideas so that anyone, anywhere in the world, can easily share their thoughts and opinions on global markets. Now, thousands and thousands of users create Ideas every day from our charting platform: discussing their predictions, market analysis and general trade set-ups with others in the community. Why are Ideas so important? Well, in our opinion, there might be loads of other places where you can talk about finance on the web, but very few of them offer the same highly-bespoke and trustworthy social experience as we do.
NSE:IREDALong
by BhavikVagadiya
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
The Indian Renewable Energy Development Agency (IREDA)The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category - I) government enterprise, was established in March 1987 and is primarily engaged in the promotion, development, and provision of financial assistance for renewable energy (RE) and energy efficiency and conservation (EEC) projects. IREDA appears to be in good health at 138 and could reach 160 ,170..... This is solely being done for educational purposes. Please consult your advisor before to making any investments.
NSE:IREDALong
by KP_77
7
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