Price is moving inside a rising wedge pattern as highlighted in grey. It is a bearish pattern unless the price breaks out of the upper trendline. To keep it simple, buy when the price reaches near the lower trendline and sell when price reaches near the upper trendline. Around 65 % upside potential is there if bought near 155 level for a target of around 260...
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.
This stock breakout previous high breakout and create good opportunity for swing trade but candle closed strongly in D TF i am considered as good breakout and this is only for educational purpose only