Indian Renewable Energy Development Agency Technical Analysis

Indian Renewable Energy Development Agency Ltd Technical Analysis

Indian Renewable Energy Development Agency Ltd technical analysis is gaining attention among traders and investors tracking Indian Renewable Energy Development Agency Ltd Technical Analysis trends in the Indian stock market. Indian Renewable Energy Development Agency Ltd (NSE: IREDA, BSE: 544026) is currently trading at ₹108.98, showing a -4.66% move as of Sun, Apr 05, 2026.

This detailed Indian Renewable Energy Development Agency Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Indian Renewable Energy Development Agency Ltd Stock Overview

Indian Renewable Energy Development Agency Ltd operates in the Finance sector under the Finance/Rental/Leasing industry. With a market capitalization of ₹306.77B and a PE ratio of 15.99, Indian Renewable Energy Development Agency Ltd remains a key stock to watch in Indian Renewable Energy Development Agency Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹306.77B
• PE Ratio: 15.99
• Dividend Yield: 0
• Sector: Finance
• Industry: Finance/Rental/Leasing

These fundamentals play an important role in Indian Renewable Energy Development Agency Ltd technical analysis and valuation tracking.

Indian Renewable Energy Development Agency Ltd Support and Resistance Levels

Classic Pivot Levels

In Indian Renewable Energy Development Agency Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 136.41
• Resistance 2: 124.56
• Resistance 1: 116.77
• Pivot Point: 112.71
• Support 1: 104.92
• Support 2: 100.86
• Support 3: 89.01

Conditional Insight

Indian Renewable Energy Development Agency Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 104.92 and 100.86.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Indian Renewable Energy Development Agency Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 124.56
• Fibonacci R2: 120.03
• Fibonacci R1: 117.24
• Fibonacci Pivot: 112.71
• Fibonacci S1: 108.18
• Fibonacci S2: 105.39
• Fibonacci S3: 100.86

Indian Renewable Energy Development Agency Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Indian Renewable Energy Development Agency Ltd Moving Average Analysis

Moving averages are key indicators in Indian Renewable Energy Development Agency Ltd technical analysis for identifying trend direction.

• 10 EMA: 114.50
• 20 EMA: 116.27
• 30 EMA: 118.32
• 50 EMA: 122.21
• 100 EMA: 129.93
• 200 EMA: 141.17

Trend Logic

Indian Renewable Energy Development Agency Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Indian Renewable Energy Development Agency Ltd technical analysis remains positive above 200 EMA.

Indian Renewable Energy Development Agency Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 46.16
• MACD: -2.69
• Signal: -3.01
• ADX: 21.32
• Momentum: -1.26

RSI Logic

Indian Renewable Energy Development Agency Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Indian Renewable Energy Development Agency Ltd technical analysis indicates bearish momentum with MACD below signal line.

Indian Renewable Energy Development Agency Ltd Overall Recommendation

• Overall Recommendation Score: -0.22
• Moving Average Recommendation: -0.53
• Other Indicators Recommendation: 0.09

Overall Indian Renewable Energy Development Agency Ltd technical analysis sentiment remains neutral with mixed signals.

Indian Renewable Energy Development Agency Ltd Technical Analysis Conclusion

Indian Renewable Energy Development Agency Ltd technical analysis suggests that traders should closely monitor price action around ₹108.98 and key pivot level 112.71. Breakouts above resistance or breakdown below support will define the next trend in Indian Renewable Energy Development Agency Ltd technical analysis.

Investors searching for Indian Renewable Energy Development Agency Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Indian Renewable Energy Development Agency Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.