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Vodafone Idea making a cup Pattern Wait and Watch
VODAFONE IDEA LTD
Long
Vodafone Idea making a cup Pattern Wait and Watch
By eastwind65
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Jun 26, 2021
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Jun 26, 2021
Vodafone Idea making a cup Pattern.
Vodafone Idea was moving in a Channel from June 2020 till April 21 and started making a Cup Pattern.
There is a strong resistance at 13.30-13.80 from where it reversed earlier. The next resistance is at 11.85.
So a decisive break and retest above 11.85 could provide an opportunity to go long for a target of 13.50. Put on watch list.
Chart Patterns
CUP
resistence
target
Trend Analysis
eastwind65
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