IREDA is slowly storing energy to give huge breakout and give New ATH.
Currently IREDA is wave 5 candidate in weekly chart and wave 3 candidate in daily charts.
As all we know what happens when these two combines there is high probability the charts can go up.
The view is applicable until the chart stay above 220, The view is invalid when it is below 215, any movement below 215 is a bearish view.
Otherwise the upper targets are
245
265
280
300
325
350
Disclaimer The above analysis is just sharing of knowledge and not an investment advise, we are not sebi registered and please DYOR before taking any trade as our trade idea is not entitled to your profit/loss. Please take advise from your financial advisor before investing your valuable and hard earned money.
If you like my analysis do comment and give a boost. It boost our energy to do more analysis.