indiamarketoutlook

Idea: At important Fibonacci support

Long
NSE:IDEA   VODAFONE IDEA LTD
Idea

9.45 / 8.8 are 2 important levels for Idea

The stock is at important 38.2% Fibonacci retracement support levels

Short term target 12 / 14
Exit if weekly closing is below 8.50

Sustaining above 14.5 levels and the doors would open for target of 22 / 28

At current levels it provides good risk::reward ratio to go long


Take care & safe trading...!!!


Comment:

Idea zooms 10% to 10.35

Turns out to be What an idea Sirji, moment...😀

Trading decisions based on Technical Analysis once again shows it's magic

Happy trading...!!!

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