Support Levels: IREDA
IREDA has been in downtrend for more than a month.
It has broken 20 EMA, trading just near 50 EMA.
If the current levels are maintained, we expect some consolidation.
Else, the support levels are around 234, 214, 177.
PE is also high.
MACD Crossover Below Signal Line indicating bearishness
It has broken 20 EMA, trading just near 50 EMA.
If the current levels are maintained, we expect some consolidation.
Else, the support levels are around 234, 214, 177.
PE is also high.
MACD Crossover Below Signal Line indicating bearishness
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