Ireda price coming to trend line support!..will it make / break

Hello 👋

IREDA..

* Stock is in downtrend
* Currently price facing resistance
* If stock goes below 210 more downside can be opened
* But if price sustain above 230 then it can be a trend reversal..
* It's a good long term bet.. the only thing is it's a PSU stock.. any govt obligation can have a strong impact on price.

It's my view. Plz DYOA. No buy or sell recommendation 🙏

Please boost my idea if you find it useful 😉