After consolidating for a few days, looks like it's ready to move again. Ascending triangle pattern is forming and RSI Bullish divergence is also seen.
It can take the price to the previous swing high of 13.4-13.6
How about long term (1-2 years) investment in this stock? Do we expect idea trading around 15 after 1-2 years?
prabhatq
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Abhi current time me to 13 ka koi chance nhi dikh raha
trader5319
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@prabhatq, Yes this idea got invalidated because the price broke down the support line. If you see the price moved up recently from the 9.55 support line that I had drawn (if you load new bars), but since the earlier idea got invalidated it's not fair to expect 13 soon based on that.
aruneshdeep
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I have at 10.75 does I hold for target 13 or what I do
trader5319
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@aruneshdeep, Nothing can be a certainty, and the idea got invalidated as you can see the price broke down the support line so it might take some time to go to 13. Also I am not an advisor, just sharing my views
Do we expect idea trading around 15 after 1-2 years?