On the weekly timeframe textbook Falling Wedge pattern formed.Why this qualifies as a falling wedge:
1. Two converging descending trendlines.
2.Duration: ~15 months of price action inside the wedge. Falling wedges that take this long to form tend to produce more meaningful breakouts than short 2–3 month wedges.
3.Volume contraction inside the wedge, expansion
Next report date
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Report period
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EPS estimate
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Revenue estimate
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6.81 INR
16.98 B INR
66.60 B INR
793.41 M
About Indian Renewable Energy Development Agency Ltd.
Sector
Industry
CEO
Pradip Kumar Das
Website
Headquarters
New Delhi
Founded
1987
IPO date
Nov 29, 2023
Identifiers
2
ISIN INE202E01016
Indian Renewable Energy Development Agency Ltd. is a non-banking financial company, which engages in the promotion, development, and extending financial assistance for energy conservation projects. It operates through the following segments: Financing activities in the Renewable Energy and Energy Efficiency sector and Generation of Power through Solar Plant operations. The company was founded on March 11, 1987 and is headquartered in New Delhi, India.
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IREDA – Descending Triangle Breakout | Early Reversal SetupIREDA has broken out of a descending triangle, signaling a potential shift from downtrend to early accumulation phase.
RSI is reversing from oversold levels, while OBV has crossed above its SMA — confirming buying interest.
AVWAP confluence (ATH, prior swing, listing zone) adds strength to the cur
Indian Renewable Energy Development Agency Ltd🔍 1. Market Structure Insight
Clear downtrend (LH–LL sequence) till March
Price has formed a base near 110–112 (Swing Low)
Now attempting to break last Lower High (~120)
👉 This is the first sign of potential trend reversal
📈 2. Key Levels (From Your Chart)
Breakout Level: 120.35 (Buy Above 4-week
Indian Renewable Energy Development Agency Ltd🔍 1. Market Structure Insight
Clear downtrend (LH–LL sequence) till March
Price has formed a base near 110–112 (Swing Low)
Now attempting to break last Lower High (~120)
👉 This is the first sign of potential trend reversal
📈 2. Key Levels (From Your Chart)
Breakout Level: 120.35 (Buy Above 4-week
IREDA 1 Week Time Frame 📌 Current Price Snapshot
👉 Latest available price data shows IREDA trading around ~₹130–₹135 on the NSE (end of January 2026) — this serves as the baseline for weekly levels.
📈 Weekly Technical Levels (Key Zones)
🚧 Weekly Resistance Levels (Upside)
Level Significance
₹136–₹138 Near‑term resistance
IREDA – Neo Wave Time-Based Impulse SetupThe prior impulse completed in approximately 155 bars, followed by a corrective phase that has already consumed around 367 bars, resulting in a time ratio of about 2.36, which confirms a complex correction under Neo Wave time rules rather than a trend reversal.
The corrective structure is interpret
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed t
Indian Renewable Energy Dev Agency Ltd (IREDA) - Analysis Bullish Levels -Above 145 then around 153 then first target can be around 171 to 183 some profit booking may come around this level above this more bullish then 223 to 245 then last stop would be 262 to 272 above this wait
Bearish levels :- if sustain below 133 to 123 below this bearish more l
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Weight 0.27%
Market value 488.72 K
Weight 0.33%
Market value 292.97 K
Weight 0.01%
Market value 63.27 K
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Frequently asked questions
The current price of IREDA is 127.10 INR — it has decreased by −1.18% in the past 24 hours. Watch Indian Renewable Energy Development Agency Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Indian Renewable Energy Development Agency Ltd. stocks are traded under the ticker IREDA.
IREDA stock has fallen by −5.85% compared to the previous week, the month change is a 1.15% rise, over the last year Indian Renewable Energy Development Agency Ltd. has showed a −23.89% decrease.
We've gathered analysts' opinions on Indian Renewable Energy Development Agency Ltd. future price: according to them, IREDA price has a max estimate of 150.00 INR and a min estimate of 150.00 INR. Watch IREDA chart and read a more detailed Indian Renewable Energy Development Agency Ltd. stock forecast: see what analysts think of Indian Renewable Energy Development Agency Ltd. and suggest that you do with its stocks.
IREDA reached its all-time high on Jul 15, 2024 with the price of 310.00 INR, and its all-time low was 50.00 INR and was reached on Nov 29, 2023. View more price dynamics on IREDA chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
IREDA stock is 2.55% volatile and has beta coefficient of 1.51. Track Indian Renewable Energy Development Agency Ltd. stock price on the chart and check out the list of the most volatile stocks — is Indian Renewable Energy Development Agency Ltd. there?
Today Indian Renewable Energy Development Agency Ltd. has the market capitalization of 357.05 B, it has decreased by −0.29% over the last week.
Yes, you can track Indian Renewable Energy Development Agency Ltd. financials in yearly and quarterly reports right on TradingView.
Indian Renewable Energy Development Agency Ltd. is going to release the next earnings report on May 18, 2026. Keep track of upcoming events with our Earnings Calendar.
IREDA earnings for the last quarter are 2.10 INR per share, whereas the estimation was 2.00 INR resulting in a 5.00% surprise. The estimated earnings for the next quarter are 2.20 INR per share. See more details about Indian Renewable Energy Development Agency Ltd. earnings.
IREDA net income for the last quarter is 5.85 B INR, while the quarter before that showed 5.49 B INR of net income which accounts for 0.00% change. Track more Indian Renewable Energy Development Agency Ltd. financial stats to get the full picture.
Yes, IREDA dividends are paid semi-annually. The last dividend per share was 0.60 INR. As of today, Dividend Yield (TTM)% is 0.47%. Tracking Indian Renewable Energy Development Agency Ltd. dividends might help you take more informed decisions.
Indian Renewable Energy Development Agency Ltd. dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 17, 2026, the company has 166 employees. See our rating of the largest employees — is Indian Renewable Energy Development Agency Ltd. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Indian Renewable Energy Development Agency Ltd. EBITDA is 54.89 B INR, and current EBITDA margin is 98.28%. See more stats in Indian Renewable Energy Development Agency Ltd. financial statements.
Like other stocks, IREDA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Indian Renewable Energy Development Agency Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Indian Renewable Energy Development Agency Ltd. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Indian Renewable Energy Development Agency Ltd. stock shows the sell signal. See more of Indian Renewable Energy Development Agency Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









