IREDA Shares Halved: Expert Warns of Rs 100 Drop, Advises Immediate Sell

• Government green energy company IREDA's shares have fallen by almost half, trading below Rs 115, raising investor concerns.
• Technical expert Prakash Gaba warns of a weak setup and potential drop to Rs 100 if the crucial Rs 110 level breaks.
• Gaba advises investors to sell IREDA shares on any rally, indicating no significant buying signals currently.
• Despite the sharp decline, some investors retain confidence in IREDA due to its significant role in green energy financing.
• The Rs 110 level is critical; a break below it could accelerate the stock's downward trend.