sabu_m

Vodafone Idea to 30 and beyond - What an Idea sirji ?

Long
sabu_m Updated   
NSE:IDEA   VODAFONE IDEA LTD
Yes after a long wait. After a 5 wave impulse move (with 1st wave extended and a failed 5th wave). It corrected exactly to 0.618 levels completing the wave2
and now all set for the 3rd wave to 30 and beyond...

It formed a bullish harami reversal pattern too...

What an Idea sirji ?


All details marked in chart...
This is only for education purpose.
Trade active:

Updated the chart count after a review, as 5th wave extension happen only on a 3rd wave extension. and not on a first wave extension... So reviewed and updated. The impulse move was with the 5th wave extension itself and the correction also retraced the 5th wave and at 0.618 levels too... With the bullish harami reversal we are all set for the 3rd wave...
Trade active:

Target revised considering the overall chart.. and the intricacies of the findings... Applying learning here
Comment:

Tried projecting the next move -
Only for education purpose and not a trading call...
Comment:
Revised target to 41. Details in chart.. For education purpose only

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