PankajNegi

Idea - What Next ?

NSE:IDEA   IDEA CELLULAR LTD
120 2 4
Idea already touched 5 year low. Technical setup looks perfect but What next is a big question ?
Comment: So, Idea bounced back from its support due to oversold RSI. However, it is a Sell over medium term after all signals are in place.
Comment: Finally, support broken. Next support at 66.
Comment: Bounced back from support due to increase in Promoters holding (Strong news).

Related Ideas

Might retrace but seems very soon, will break this support.
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@dravya, Yes, seems like it will break the support, unless there is some strong news coming in !
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