SuperNova396

IREDA - 30% upside potential

NSE:IREDA   INDIAN RENEWABLE ENERGY
Price Analysis & Overview:

1. Price is in channel, formed double bottom.
2. conviction is less since price is choppy within the channel.
3. Good volumes have started bulding.
4. Good quarterly results will be expected to kick start the momentum since price action is limited in new listings.

- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!


Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.

Thanks & Regards,
Anubrata Ray

Anubrata Ray
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