IREDA 1 Day Time Frame

📉 Today’s Price Action

Last traded price: ₹ 133.40
Day’s range: ₹ 132.00 – ₹ 137.29
Change vs previous close: – ₹ 3.35 (–2.45%)

📊 Key Context & Technical Snapshot
Metric / Indicator Value / Observation
52-week range ₹ 132.00 — ₹ 234.29
Relative valuation P/E ~ 21.7 ×
Market cap ~ ₹ 37,475 Cr
Recent momentum 1-week: –6.65%, 1-month: –11.66%
Volatility (ATR) ATR (5-day) ≈ ₹ 3.4

Interpretation (short-term / 1-day):

The stock is near its 52-week low zone — so the current level (~₹133) is close to its recent bottom band.

The drop today suggests selling pressure, but the intraday range shows some trading / bounce between ₹132–₹137.

Given the volatility (as indicated by ATR) and recent downward momentum, the stock looks “soft” in the very short term.