VODAFONE IDEA ---OUTLOOK NEXT ?

VODAFONE IDEA after correction from 16.75 level fall to 15 level as of now..today 15-12-2021 but again stock seen at strong BUY zone TODAY

BUY VODAFONE IDEA 15 Level

target 16.50 , 17 . 18

Stop loss 14.50

BULLISH technical INDICATORS.
1. Stock at technical strong support
2. Trendline breakout
3. Double Bottom formation at 15 level

HAPPY TRADING. !

Comment:

RSI(14) indicators value today is 64.6 .... RSI trading above 60 is bullish momentum indication of stock.

Comment:

MACD(12,26,9) --1.4
currently MACD above its center and signal line

Comment:

TRADING ABOVE 20,50,100,200 Simple Moving averages

Comment:

let you know when BUY signal Generates exactly soon. !

Comment:

at closing today on 15 minutes chart 50 SMA at 14.95, 200 SMA at 15.40 if this level cross tomorrow Then trend reversal will confirm.

Comment:

at 13.90 is breakout level from where stock made new high 16.75 ..now same level some pullback can seen ..tomorrow. ! closing bellow that may be some more downside ..hope for best.!

Comment:

Good Pullback from 13.50 level , some positive fundamantals news around about IDEA ..infuse of good amt fund flow so that can be trigger for this stock to take up .!

Comment:

CLSA upgrade target for vodafone idea to 16 from 11 dated 06/01/2022