IREDA NEAR BREAK OUT OF VCP

IREDA

Rally - Base - Rally price action

1.First Rally, then forming Base in the VCP pattern (Volatility contraction) & then again expected Rally after break out of the neck line.

2. Close above previous day High(170.4)

3. Close above last week High(169.7)

4. Close above last month High(163.7)

4. High increase in 1 month (+21.2%)

8. Promoter holding 75.00%

9. Pledged percentage 0.00 %

10. Change in Prom Hold 0.00%

11. FII holding 1.36%

12. Chg in FII Hold -0.52 %

13. DII holding 0.94 %

14. Chg in DII Hold -3.43 %

15. Stock PE 36.6

16. Industry PE 17.1

17. ROCE 9.35 %

18. ROE 17.3 %

For Educational Purpose Only