VODAFONE IDEA - UPDATE

Vodafone IDEA on hourly chart seen bullish channel breakout ...which is also indicate strong trend reversal signal , this stock has very good prospectus As telecom sector near term 5G spectrum allotment going to start soon in major cities in india from JAN 2022 and other good booster packages to this sector from GOVT also on card.

BUY Vodafone IDEA cmp@ 13.80

short term target 16

stop loss 12.50

Bullish technical indicators on hourly chart .
1. Stock at support 200 SMA
2. CHANNEL BREAKOUT SEEN ON HOURLY CHART at upper-side.
3. Moving avg crossover
4. MA ADX turn bullish green.


* I hope this idea will helpful to your study and anlysis ..take call at own risk !!

WISH YOU HAPPY TRADING !!

Comment:

WHAT AN IDEA.. isn't it?

Comment:

overall volume today is very low in market at no trading zone ..idea today's closing at 14.00 exactly at trend line .!!

Comment:

as expected idea taken support at trendline now at 14. today now its upside movement.

Comment:

VODAFONE IDEA HIT 15..today. !!

Comment:

WISH HAPPY NEW YEAR !! 2022

Comment:

TARGET - 1 ..16 HIT TODAY.

Trade active

Comment:

CLSA upgrade Targt 16 from 11. dated : 06/01/2022

Comment:

ALL TECHNICAL TARGET OF IDEA HIT timely but due to FUNDAMENTAL RESTRUCTURE and decision of promoters to dilute shares to govt cause of unable to pay dues is worst fundamentals Impact as per my view..this is intent of promoters that they are unable to run co ...so all long term trade is idea ..closed.!!

Trade closed: target reached

Comment:

one simple things to understand ..if co decide fair value as 10 to dilute to GOVT then y public shareholder should pay buy price more then 10 ...bug question when share price trade around 15-16 they give 50% discount price to govt .. ...

fair value of this share decide co itself ..which is 10.