INDIAN RENEWABLE ENERGY
Long
Updated

IREDA - Swing Trade Opportunity 15% ROI

2 662
IREDA Poised for a 15-18% upmove from CMP.

Reversing from a 2 week old consolidation - Bullish flag breakout - Trend continuation.

Entry - Between 100 and 104. Target 110,113.40 119-123.

Note
Target 2 hit.
Note
Target 4 hit, One may consider to trail profits post 123. If the stock sustains to close above 123, one can expect 175 in mid term.
Note
104-175, 70% ROI in 15 days, multibagger returns.

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