financialmarketsalgorithms

IDEA (INDIA) Bullish Basing pattern -Daily Chart

Long
NSE:IDEA   VODAFONE IDEA LTD
5
Idea Cellular is forming a bullish basing pattern and has defended the last swing low near 65/67 levels successfully. A break above 80 will confirm that the control has shifted to the Bulls.
Comment: Zoomed by 27% as of now after it broke 80 resistance. Better to take some money off the table.