saurabhuttamchandani

IDEA will know no resistance

Long
NSE:IDEA   VODAFONE IDEA LTD
IDEA is at support level taking price rejection from below. We've got this trendline too acting as a resistance and after a nice downside move IDEA is now ready to fly. The main reason I'm bullish is, the stock's rsi has gone to 30-34 levels only once after covid fall and risen everytime and now it's at 34. Plus, market rising from support gives another boost to the stock.
Also we've got a couple of ma(9/21) resistance but it'll break through all. Macd ready to give buy signal soon too.
Will go long above today's candle's high and also have marked all the levels.

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