INDIAN RENEWABLE ENERGY
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IREDA - for Long term

IREDA is currently struggling to make an up move.. there has been long consolidation since 18-July-2024

critical support levels are 232 & 214. if the stock breaks these levels and the final support is at 177 only..

STOPLOSS for long term trade - 177
STOPLOSS for short term trade - 214
Current Market Price - 237

long term targets - (6 months to 1 year)
First target - 310 (30% from the current market price)
Second target - 358 (51% from the current market price)
Third target - 435 (84% from the current market price)

Short Term Targets - (3 months to 6 months)
First Target -265 (11% from the current market price)
Second Target -282 (19% from the current market price)
Third Target -310 (30% from the current market price)

kindly consult your financial adviser before investing and this idea is for education purpose only and cannot be treated for real time investment

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