IREDA
Updated
Stock is very volatile due lot of speculation before and after election results.
since there is no major changes in the policies from the union government the importance to Renewable energy remains a priority.
Current Market Price on 14-Jun-2024 - 179.1
Accumulation & support zone is between - 177.5 - 174.6
Stock can be added in dips up 170.9 - for short term traders this is the stop loss. for long term investors this stock can be added up to 155 levels
immediate resistance & target is seen at 183.9 if this is broken then the next target is 200
for long term targets are 214.3 & 237
This is not a suggestion to invest.. this if education purpose only.. kindly consult your financial adviser before investing or trading
kindly comment your views on the idea for mutual benefit and improve the analysis
since there is no major changes in the policies from the union government the importance to Renewable energy remains a priority.
Current Market Price on 14-Jun-2024 - 179.1
Accumulation & support zone is between - 177.5 - 174.6
Stock can be added in dips up 170.9 - for short term traders this is the stop loss. for long term investors this stock can be added up to 155 levels
immediate resistance & target is seen at 183.9 if this is broken then the next target is 200
for long term targets are 214.3 & 237
This is not a suggestion to invest.. this if education purpose only.. kindly consult your financial adviser before investing or trading
kindly comment your views on the idea for mutual benefit and improve the analysis
Trade active
First Target Achieved 183.9 on 21-jun-2024continue to hold till 200
Trade closed: target reached
Target Achieved today made a high of 201.65.. Book ProfitsTrade closed: target reached
Long term investors continue to hold and add in dipsTrade closed: target reached
second target 327 achieved today
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