!IREDA CHART PATTERN EXPLANATION AND WHAT TO DO

!IREDA

On 21st April 2025, we discussed the stock price !IREDA is forming a double bottom chart pattern With the resistance level of 178 and the support level of 137 On 21st April 2025, we discussed that there may be two possibilities The first one was when a stock price gave its breakout and closed above the resistance level of 178 In this case, we would be bullish, and a rise in price may be seen The second situation we have discussed was when the stock price faced resistance at 178 On 23rd April 2025, the stock price closed below the resistance level and faced resistance at the level of 178 Now the stock price may consolidate between the support and resistance levels, bullish only when it closes above the resistance level of 178