IREDA – VCP Breakout Loading?

⚡ IREDA – VCP Breakout Loading? 🔋
Sector: Renewable Finance | MCap ₹46,990 Cr

📊 Chart Analysis:
A clean Volatility Contraction Pattern (VCP) forming on the weekly chart —
📉 Each dip is shallower
📦 Volume contraction visible
📈 Tight price action near ₹175 resistance

🟢 Breakout Zone: ₹175
Strong fundamentals with rising EPS & sales
🚀 Watch for heavy volume breakout!

📈 Action Plan:
🛒 BUY above ₹175
🎯 Targets: ₹210 / ₹240
🔒 SL: ₹160

#IREDA #VCP #BreakoutStock #CANSLIM #TechnicalAnalysis #Investofino #StockMarketIndia #PowerPlay