n.bhaskar1993

IDEA Long Setup

Long
NSE:IDEA   VODAFONE IDEA LTD
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3
Whoever missed the Idea spike up recently, Idea is at 50% - 62% retracement fibonacci buy zone.
The 60 min chart shows a hidden bullish divergence on RSI with a bullish MACD crossover in this zone. The stock is finding support at this zone.
Aggressive traders can enter long at the current support level .
Conservative traders, enter the trade at the break of trendline or at the fractal break.
Keep the stop loss below the swing low.
Targets: 97.30, 103.00, 108.00

Comments

Good work
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@shiv2798, Thankyou.
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Double Divergence at support
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