“Despite overbought readings on the daily as well as some weekly oscillators, the price chart is not displaying meaningful weakness which may not materialise unless the index slips below 17,359 level. If the index sustains above 17,442, eventually the index can head towards 17,800 level. Short-side traders are advised to remain neutral whereas longside players should maintain a stop below 17,440 level,” he said.
IREDA shares in focus after Q4 profit surges 49% YoY to Rs 502 crore
Indian Renewable Energy Development Agency (IREDA) reported a robust 49% YoY increase in consolidated net profit for Q4FY25, reaching Rs 502 crore, driven by a
April 16, 2025