IREDA, IRFC, RCF, REC, BHEL, RVNL Share Price witnessed strong rally today as overall market sentiment turned bullish. The rally in Indian stocks can be considered as a relief rally as US markets recovered after US President Donald Trump has backtracked on tariff implementation. The issues with China still remain but markets expect that the worst is over. However, some market participants are expecting selling pressure at higher levels. If market bulls can push Indian indices higher, we can expect a change in market sentiment. Almost all the major public sector stocks closed today's session in positive territory. Among major gainers in today's session were IREDA, NALCO, Engineers India, RITES, NMDC and NTPC Green Energy. TopNews Team has reviewed technical levels for most active PSU stocks.

IREDA

IREDA is showing signs of price consolidation near Rs 160 levels after a sharp pullback from its 52-week high of Rs 310. Momentum could resume if the stock crosses Rs 175. Traders may watch for a breakout above Rs 200 to confirm upward continuation.

IRFC

IRFC remains resilient with steady consolidation. It is testing its support zone near Rs 125–128. The next resistance lies around Rs 145, and a breakout there could open room toward Rs 165.

RCF

RCF is rebounding from its base zone and has recently approached Rs 133.50. Holding above Rs 135 could indicate a fresh uptrend. The next swing target is between Rs 165–178, aligning with Fibonacci projections.

REC

REC continues to outperform with strong fundamentals and a dividend yield above 3.5%. The price near Rs 420 is inching toward crucial resistance at Rs 440. Sustained buying can lift it toward Rs 500 levels.

BHEL

BHEL is consolidating near Rs 220 after correcting from its 52-week high of Rs 335. Technical indicators suggest a possible bounce if Rs 225 is crossed on volume. Resistance near Rs 255 is key for bullish continuation.

RVNL

RVNL trades near Rs 360, close to its short-term resistance. A breakout above Rs 365 could signal a fresh rally toward Rs 400+. Support remains firm at Rs 315–320.

Fibonacci Levels For Selected Indian Stocks