IREDA | LONG | SWING | NSE:INDIA | ANALYSIS

22 Des 2023

IREDA forming Bullish Pennant pattern. This might be good for swing trading.

Points to Considered:
1. Pattern formation
2. Volume analysis
3. Any Conformation for Entry
4. RSI


NOTE: IF IT CLOSE BELOW 20-EMA & RE-TEST IT, DO NOT ENTER FOR LONG.

27 Des 2023

Catatan

Currently there is a Strong bullish divergence 1H Timeframe.

28 Des 2023

Catatan

Watch it closely, it might give sudden movement!... Enter based on your RR.

28 Des 2023

Catatan

93.75
86.80
are the key levels for buy

29 Des 2023

Catatan

Took support on 100 EMA @95.45

29 Des 2023

Catatan

FKKKKKKKK 🤑🤑🤑🤑🤑🤑

29 Des 2023

Catatan

People holding @ below 98, just hold it. If it breaks above resistance trendline, paisa hi paisa. If any reversal pattern forms at the top, EXIT.

1 Jan

Catatan

To the moon 💹💹💹💹

1 Jan

Catatan

If it breaks the above trendline with good volume, then just hold.
If any reversal pattern at trendline or no good volume at trendline breakout, then try to book half of the profit.

12 Jan

Catatan

To the moon 🚀🚀🚀🚀

15 Jan

Catatan

🤑🤑🤑🤑
Try to book half. Might halt for a while.

19 Jan

Catatan

If there is any sudden moves to T2, it might take pullback to T1 again to move to T3. Not confirmed, I'm just thinking....

28 Jan

Catatan

Took a little pull back around 144 and moved up

28 Jan

Catatan

Still holding after all the 3 target reached.🤑🤑🤑🤑