Summary of "IREDA क्या करे | ireda share latest news today | ireda news today | ireda share latest news | IREDA"
IREDA क्या करे | ireda share latest news today | ireda news today | ireda share latest news | IREDA
Key Finance-Specific Content
Company & Financials
- IREDA (Indian Renewable Energy Development Agency) recently announced its Q2 results.
- The company set new benchmarks in profits and revenue by September 2025.
- Despite strong financials, the stock price declined, which was anticipated based on prior technical analysis.
Stock Performance & Price Levels
- IREDA stock is up approximately 86% from its one-year low (~₹60).
- Current resistance (restriction) zone: ₹157 to ₹160.
- Important support/base zones: ₹140 and ₹148.
- Short-term upside target on breakout: ₹163 to ₹168.
- Double top/double bottom pattern forming with neckline at ₹168, indicating potential bullish short-term momentum.
- Momentum currently weak; breakout chances in short term are low, but long-term outlook is bullish.
Technical Analysis & Chart Patterns
- Recent candle formations indicate selling pressure (long upper tails) and bearish signals.
- Diagonal resistance line repeatedly rejects price, causing downward pressure.
- Sustainable breakout requires a candle with a long lower tail above diagonal resistance.
- MFI (Money Flow Index) at 73.1 (bearish), RSI at 53.5 (neutral to bearish).
- Volume currently low; delivery percentage around 37% (high on weekly/monthly basis), which could indicate building momentum if volume picks up.
- If price breaks below ₹148 support, further downside is possible.
Market Experts & Analyst Opinions
- Osho Krishna (Senior Analyst, Angel One):
- ₹140 is an important base; momentum down possible till ₹140.
- Short-term target post base formation: ₹160.
- AR Ramachandran (SEBI Registered Analyst):
- Resistance at ₹158.7, base around ₹144.
- Kunal Kamble (Senior Technical Research Analyst, BOJA):
- Double top/double bottom pattern forming with neckline at ₹168.
- Short-term positive indication; long-term bullish trend.
Comparative Mention
- Similar technical conditions observed in IRFC stock recently.
Trading Volume & Delivery
- Recent sessions show low volume but relatively high delivery percentage, which may hint at accumulation.
Disclaimers
- No explicit buy or sell recommendations given.
- Presenter emphasizes the channel is NISM certified (National Institute of Securities Markets).
- Viewers encouraged to subscribe for educational content, not financial advice.
Methodology / Framework Highlighted
- Use candle formations (upper/lower tails) to interpret buying/selling pressure.
- Identify key resistance and support zones (₹157-160 resistance, ₹140-148 support).
- Watch for sustainable breakout signals: long lower tail candle above diagonal resistance.
- Monitor volume and delivery percentages for momentum confirmation.
- Recognize chart patterns such as double top/double bottom with neckline to anticipate trend reversals or continuation.
- Combine technical analysis with fundamental results to gauge overall stock potential.
Key Numbers & Timelines
- Q2 results benchmarked by September 2025.
- Stock low: ~₹60 (one year ago).
- Current resistance zone: ₹157-160.
- Support/base zones: ₹140 and ₹148.
- Short-term breakout targets: ₹163-168.
- Delivery percentage: 37%.
- MFI: 73.1 (bearish), RSI: 53.5 (neutral/bearish).
Presenters / Sources
- Presenter (unnamed, NISM certified).
- Osho Krishna, Senior Analyst, Technical & Derivatives Research, Angel One.
- AR Ramachandran, SEBI Registered Analyst.
- Kunal Kamble, Senior Technical Research Analyst, BOJA.
Summary
IREDA delivered strong Q2 financial results with record profits and revenue, yet the stock price faced resistance and declined as per technical analysis predictions. The stock is currently trading below a key diagonal resistance line near ₹160, with support around ₹140-148. Market experts agree on the resistance and base zones, indicating low short-term breakout probability but a bullish long-term outlook. Key technical indicators (MFI, RSI), candle patterns, and volume/delivery data suggest cautious trading with attention to breakout confirmation signals. No direct buy/sell advice is given; viewers are encouraged to use combined fundamental and technical analysis for investment decisions.
Category
Finance
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