IREDA Share Price Target 2025: Can Technicals Shift to Bullish?

IREDA (NSE: IREDA) closed today at ₹166.67, showing a minor dip. Technicals are neutral-to-bearish short-term, but possible stabilization above ₹165–₹168 could set the stage for a rebound to ₹190–₹200 by late 2025.

1. Current Technical Snapshot (July 4, 2025)

• Price: ₹166.67 (–0.51%)

• RSI (14): ~68.1 – nearing overbought but still neutral

• MACD: –0.65 – modestly bearish

• Stochastics: ~55 – neutral

• 50‑day SMA: ₹169.94; 200‑day SMA: ₹188.77 – price remains below both, signaling caution

2. Support & Resistance Levels

• Support Zone: ₹165–₹168 (pivot/congruence near recent lows)

• Resistance Levels: ₹170 (50‑day SMA), then ₹190–₹200 (next key targets based on Fibonacci retracement)

3. Price Target Outlook for 2025

• Base-case target: ₹190 – if IREDA recovers above ₹168 and sustains above the 50‑day SMA

• Bull-case target: ₹200+ – achievable with MACD turning positive and RSI staying stable

• Downside risk: A breakdown under ₹165 risks slide into ₹150–₹155

4. Risks & Technical Considerations

• MACD remains negative and may suppress further gains

• Price below major SMAs – until price rises above ₹170, trend stays vulnerable

• Sector shakeups like interest rates, infra lending policies, or renewable funding shifts could impact direction

5. Suggested Trading Strategy

• Entry zone: ₹166–₹168 (support cluster)

• Stop-loss: ₹162 (below minor support levels)

• Targets: ₹190 → ₹200