IREDA & Tata Technologies Enter F&O Segment – What It Means For Traders & Investors?

The F&O market is set for an exciting shift as IREDA and Tata Technologies will be included in the March series. But what does this mean for investors, and how should they approach these stocks? Market expert Kush Ghodasara provides insights on the impact of this development and how traders should strategize. According to Kush Ghodasara, IREDA appears promising after forming a Bullish & Bearish Engulfing Pattern at the bottom price, but for a strong confirmation, it needs to sustain above ₹173. If this level is breached, it could signal a reversal and a potential upside. On the other hand, Tata Technologies may not be an attractive pick at current levels, making IREDA the more favourable option among the two.