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financialmarketsalgorithms
Jan 29, 2017 4:29 AM

IDEA (INDIA) Bullish Basing pattern -Daily Chart Long

VODAFONE IDEA LTDNSE

Description

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.
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