IREDA:NSEIREDA FUTURES Analysis
Data as of 2026-08-10 - not real-time
₹118.90
Latest Price
5/10Risk
Risk Level: Medium
Executive Summary
At INR 118.90, Indian Renewable Energy Development Agency Limited shows a bearish moving-average alignment, with shorter averages beneath longer ones. The last 30 days have lost 6.7%. With RSI at 40.3 the momentum picture is neutral, alongside a bullish MACD signal. Watch INR 117.42 as support and INR 124.19 as the nearer resistance level.
The futures curve is in flat, with the curve offering little signal either way. Supply and demand read as oversupplied.
On a 1-10 scale the risk profile lands at 5 — moderate. With 30-day volatility of 21.4%, a beta of -0.19 and a maximum drawdown of 32.3%, position sizing matters here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
The futures curve is in flat, with the curve offering little signal either way. Supply and demand read as oversupplied.
On a 1-10 scale the risk profile lands at 5 — moderate. With 30-day volatility of 21.4%, a beta of -0.19 and a maximum drawdown of 32.3%, position sizing matters here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
Top Market Events
IREDA classifies Gensol Engineering and its subsidiary as fraud, reporting to RBI amid ongoing regulatory actions and...5yIndian Renewable Energy Development Agency ireda Get all latest & breaking news on Indian Renewable Energy...Business Today17dIREDA shares likely to stay sideways, downside capped: Ruchit JainIndian Renewable Energy Development...
Market Outlook
Short Term
< 1 yearCautious
Model confidence: 5/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 130.36
- MACD momentum is positive
Medium Term
1–3 yearsCautious
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 130.36
- MACD momentum is positive
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Maximum drawdown of 32.3%
- Short-term moving averages stacked below long-term ones
- 30-day volatility of 21.4%
Key Metrics & Analysis
Commodity Metrics
Spot Price118.9
Futures CurveFlat
Inventory LevelMedium
Supply/Demand RegimeOversupplied
USD SensitivityMedium
Rates SensitivityMedium
Geopolitical SensitivityMedium
Technical Analysis
TrendBearish
RSI40.3
Support₹117.42
Resistance₹124.19
MA 20₹120.67
MA 50₹123.44
MA 200₹130.36
MACDBullish
VolumeIncreasing
Fear & Greed Index94.82
Risk Assessment
Beta-0.19
Volatility21.43%
Sector RiskHigh
Geo RiskMedium
Currency RiskHigh
Liquidity RiskLow
Similar Tickers
This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.