IREDA loosing its streak ? another 30% fall ? cmp 177
Stock Update - IREDA cmp 177 ( Downgrade )
Recent IPO listed IREDA rallied more than 300% with the High of 214.80
Profit booking and Weak Fundamentals dragging down with 5 consecutive lower circuits, fell around 30% from its high.
Lower supports levels placed at 145 and Weekly support zone 102.25 - 107.80
Resistance 189 - 193.20
Fresh entries are not advised at current levels
Recent IPO listed IREDA rallied more than 300% with the High of 214.80
Profit booking and Weak Fundamentals dragging down with 5 consecutive lower circuits, fell around 30% from its high.
Lower supports levels placed at 145 and Weekly support zone 102.25 - 107.80
Resistance 189 - 193.20
Fresh entries are not advised at current levels
Comment:
IREDA cmp 151.50
15% down as said
15% down as said
Comment:
IREDA cmp 150.50
Comment:
IREDA cmp 127.35
10% down as said