IREDA coming close to entry level-for long term investors

dear investors ,a big chance for us to grab a multi bagger at a reasonable price .IREDA at addable position in your portfolio between 210 and 225 ...it is trading in a confluence zone.taking support on a trendline and flipped resistance level .weekly chart is taking support on 20 ema .you can see shake out red candles in all time frames .looks like institutions are grabbing the stock from retailors..i am accumulating with patience and keeping for long term target of 1000. reversal can happen on 0.618 fib level
Nota
bullish pin bar created today hoping positive movement further...(3hr)
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian