IREDA - Positional target 300-> CMP 222 / 1d timeframe
-> Breaking out the channel trend
-> Bouncing from the support line
-> Crossing 20/50/100 EMA
-> Positional target will be 300
-> Good Luck, Traders!
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5.37 INR
12.52 B INR
49.29 B INR
671.94 M
About INDIAN RENEWABLE ENERGY
Sector
Industry
CEO
Pradip Kumar Das
Website
Headquarters
New Delhi
Founded
1987
ISIN
INE202E01016
FIGI
BBG00JM8N251
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 Financing Activities in the Renewable Energy and Energy Efficiency Sector and Generation of Power through Solar Plant Operations segments. The company was founded on March 11, 1987 and is headquartered in New Delhi, India.
IREDA#IREDA as been in down trend since July and now broke the previous swing high forming a higher high. Volume is also promising with a god relative strength.
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
IREDA CMP 207 Weekly Chart Forming Parallel channelIREDA is forming Parallel Channel on Weekly chart.
RSI 14 is going up slowly. Price is trying to cross 20 EMA line on weekly basis.
Resistance around 229-234, 260-264 and ATH 310
Support 189, 170
Target 1 : 310
Target 2 : 540++
Probable Time Period : 3-5 Months
Bullish Breakout on Indian Renewable Energy LtdThe stock of Indian Renewable Energy (NSE: INDIANRE) is showing strong bullish momentum, with a breakout above the descending trendline that has been acting as resistance for several weeks.
Key observations:
Trendline Breakout: The price has successfully closed above the descending trendline,
Major Resistance For IREDAIREDA is well-positioned to benefit from India's renewable energy expansion, it must navigate sector-specific challenges to sustain its growth trajectory. But looking at the current Macroeconomics, it may stay in the parallel channel.
(Disclaimer:
The information provided is for educational and in
IREDA - Sector Tailwind - Best above 212IREDA - Looks like Sectoral Tailwind due to Recent IPO listing of Waaree/NTPC/ Premeier Energies.. etc.
One can enter above 212 for targets of 237/ 266
with SL of 188
Disclaimer : Educational post. Not a buy sell recommendation
IREDA SHOWING good sign of reversal price action is showing reversal trend in ireda , entry can be made after resistance bo
this is only for educational purpose not for sugesstions
IREDA !!. short / long term analysisIREDA . in the recent correction lot of stocks are in good buying zones. IREDA look attractive in terms of R:R for shot term and long term perceptive .
short term can gain around 10 %to 15 %
long term we can take target around 60%
In Ireda We can Show Two Major Support U can show LineIN ireda We can show two line support and u Can buy two separate 150 & 190 So U can Check
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of IREDA is 217.48 INR — it has decreased by −1.61% in the past 24 hours. Watch INDIAN RENEWABLE ENERGY 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 stocks are traded under the ticker IREDA.
IREDA stock has fallen by −1.32% compared to the previous week, the month change is a 12.69% rise, over the last year INDIAN RENEWABLE ENERGY has showed a 79.29% increase.
We've gathered analysts' opinions on INDIAN RENEWABLE ENERGY future price: according to them, IREDA price has a max estimate of 280.00 INR and a min estimate of 280.00 INR. Watch IREDA chart and read a more detailed INDIAN RENEWABLE ENERGY stock forecast: see what analysts think of INDIAN RENEWABLE ENERGY 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 3.92% volatile and has beta coefficient of 2.19. Track INDIAN RENEWABLE ENERGY stock price on the chart and check out the list of the most volatile stocks — is INDIAN RENEWABLE ENERGY there?
Today INDIAN RENEWABLE ENERGY has the market capitalization of 594.26 B, it has increased by 7.36% over the last week.
Yes, you can track INDIAN RENEWABLE ENERGY financials in yearly and quarterly reports right on TradingView.
INDIAN RENEWABLE ENERGY is going to release the next earnings report on Jan 20, 2025. Keep track of upcoming events with our Earnings Calendar.
IREDA net income for the last quarter is 3.88 B INR, while the quarter before that showed 3.84 B INR of net income which accounts for 1.06% change. Track more INDIAN RENEWABLE ENERGY financial stats to get the full picture.
No, IREDA doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 14, 2024, the company has 175.00 employees. See our rating of the largest employees — is INDIAN RENEWABLE ENERGY on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. INDIAN RENEWABLE ENERGY EBITDA is 19.17 B INR, and current EBITDA margin is 98.07%. See more stats in INDIAN RENEWABLE ENERGY 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 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 technincal analysis shows the buy rating today, and its 1 week rating is buy. 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 stock shows the strong buy signal. See more of INDIAN RENEWABLE ENERGY 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.