IREDA — Daily

Important Levels Support: 132 – 136 zone Resistance: 148 – 156 Trend: Attempting reversal from demand Business PSU lender focused purely on renewable energy financing. Direct beneficiary of India’s energy transition & green infra push. Earnings Loan book growing fast, improving NIMs, stable asset quality. PSU valuation discount still exists. Verdict Structure is early recovery, not breakout yet. Needs sustained hold above resistance for trend confirmation.