Sunandamedi

Idea - support @ 7.75

NSE:IDEA   VODAFONE IDEA LTD
Still in the down ward wedge . Would not suggest to go SHORT as the price vacillates +/- 8%,in a day itself.

Comments

Hi Maam.. following this chart for at least 2 weeks now.. congrats on a fantastical run with this chart... one doubt, after today's price movement, does it look like a bullish move from Idea can be expected? Or does it look like it is setting up for a fall?

Thanks in advance!!
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georgematt georgematt
Bump!
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Can it break out on the upside? Theres a triangle formation there after yesterdays trade??
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@SD2909-, it is not so.
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SD2909- Sunandamedi
@Sunandamedi, Thank you. Yes it seems to be trading in the wedge you have showcased. Could you also tell what would be a good price to enter?
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@SD2909-, it is better to wait for some time is my understanding. Or else, one may start buying in small quantities (towards your target qty.).
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SD2909- Sunandamedi
@Sunandamedi, Noted. Also, do you think this can touch a 11rs again if the SC verdict comes in only for 10 years?
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