INDIAN RENEWABLE ENERGY DEVELO stock forum
IREDA support 215-196
IREDA IREDA is currently trading at 230.55, and I am anticipating a bullish price movement. My initial target is 240.00, aligning with a significant previous quarter's high, which could act as a liquidity pool where buy-side orders may rest. A move to this level would suggest the market is efficiently drawing liquidity upward. My final target is 310.00, corresponding to the previous year's highs, representing a larger liquidity draw. Observing how price trades through these levels can provide insight into the market's delivery process and the institutional order flow.
#IREDA
IREDA Delivery Buy IREDA Above 229 Stop Loss 208 Targets 250-272IREDA Delivery Buy IREDA Above 226 Stop Loss 210 Targets 240-255
IREDA #IREDA DAY CHART ANALYSIS
*Trading at 50 EMA in a tight range building a base.
*RSI started showing - bullish divergence.
*Just need volume confirmation for a good swing entry above - 240+ on day candle closing basis with a stop below 215.
Target levels are based in fib trend based extension
278,310,375+
IREDA A Pullback Opportunity
IREDA Next Target 165IREDA touching 100 soon