Rugminik

IREDA - Swing Trade Opportunity 15% ROI

Long
Rugminik Updated   
NSE:IREDA   INDIAN RENEWABLE ENERGY
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.

Comment:
Target 2 hit.
Comment:
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.
Comment:
104-175, 70% ROI in 15 days, multibagger returns.
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