Vodafone Idea Ltd.
The stock has been trending in a narrow range and formed a pennant pattern.
Today, the pennant formation breakout is visible clearly. Sustainable trading above 10.80 may increase short term bullish bias more on the higher side.
RSI is above 60 and is Bullish.
TT2 Daily & Weekly is Bullish as well.
The next resistance is 12 and then 15 on the Daily Chart. Nearby support is 7.9.
KEEP AN EYE!!
***this is my personal view. Please take advice from your financial advisor before investing.
The stock has been trending in a narrow range and formed a pennant pattern.
Today, the pennant formation breakout is visible clearly. Sustainable trading above 10.80 may increase short term bullish bias more on the higher side.
RSI is above 60 and is Bullish.
TT2 Daily & Weekly is Bullish as well.
The next resistance is 12 and then 15 on the Daily Chart. Nearby support is 7.9.
KEEP AN EYE!!
***this is my personal view. Please take advice from your financial advisor before investing.
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500