If IREDA sustains above ₹135 with strong volume:
Next targets can be:
₹145
₹160
₹185 later
A breakout above ₹145 can trigger momentum buying.
Bearish Scenario
If stock breaks below ₹122:
Downside may extend toward:
₹116
₹105
Swing Trading Strategy
For Fresh Entry
Safer entry:
Near ₹122–125 support
OR breakout above ₹135
Stop Loss
Swing SL: below ₹118
Positional Targets
₹145
₹160
₹185
Next targets can be:
₹145
₹160
₹185 later
A breakout above ₹145 can trigger momentum buying.
Bearish Scenario
If stock breaks below ₹122:
Downside may extend toward:
₹116
₹105
Swing Trading Strategy
For Fresh Entry
Safer entry:
Near ₹122–125 support
OR breakout above ₹135
Stop Loss
Swing SL: below ₹118
Positional Targets
₹145
₹160
₹185
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