NeeteshJain

IDEA - CHANNEL BREAKOUT

Long
BSE:IDEA   VODAFONE IDEA LIMITED
It is been observed on the hourly chart that the price action consolidated within a channel or flag formation and now it has broken above the channel and moving towards the next resistance level .

Target: 116

Stoploss 111

Regards
Trade active
Trade closed: target reached: Target reached successfully, Regards
Comment: If it hold above 119 levels today then it shall move further up to 124-126 levels. Regards.
Trade active: Idea closed above 119 levels indicating further move up to 124-126 levels. Regards