IDEA
VIew On Idea Fresh Breakout here is my view on idea
buy idea at 8.70
Risistance/ Target 9.15,9.50
Support/stoploss 8.10 , 7.80
an idea, not adviceformation of a bullish triangle with bullish divergence in the MACD and bearish RSI so I feel a pull back to the support and then we break the bullish triangle. Measured move and target mentioned, start taking profit early and wait for breakout of bull triangle for a safer trade.
IDEA Levels for 09-OCT-20(Intraday) Buy above 9.1 for 0.25,0.7,1.5+++---
Sell below 8.80 for 0.25,0.7,1.5+++---
Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Vodafone Idea price analysis and chart pattern Now we have seen a boom due to news.
just wait and watch
IDEA TARGET UPDATE 9-9-2020One can look fresh in range 10-11 for upside 14 and 17 with strict stop loss 8.
Idea ShortThe chart has been marked with key support and resistance levels.
Based on my analysis this is a 'BOF' setup of price action. This is a momentum based Mean Reversion trade, suggested purely based on Price actions!
One can initiate a 'Short' trade at current prices. SL of 1.5 Rs (Risk) and Target of 3 Rs (Reward).
This created for educational purpose ; Please consult your financial advisor before taking trade.
VODAFONE IDEA : BULLISHBuy on dips for the target of zone of 19-21. Keep Stop loss of 7 on closing basis.
IDEA:WITH 2 CONDITIONcondition:2
if price break resistance then it will move up.
condition:2
if price will follow resistance then it move down
IDEA - Bullish triangle breakoutNote: This is for educational purpose only.
There is a symmetrical triangle bullish breakout with high volume. RSI is above 60 which indicates bullish momentum as well.
2020.06.09 BTC Tuesday! Bloody or Eufory?BTC Tuesday!
Bloody or Eufory?
Still an exciting moment for BTC, the Bulls are not able to independently rise further, the last push is needed from a Whale it seems!
Yet BTC relies on a strong R / S level! if it continues there, the lower zones are quickly within reach!
Be safe, with Alts is the advice
IOC short term setupIOC is looking weak, in terms of price and volume correlation. It was consolidating in a range and then gave a break out of the range on 19th August. The volumes, then, were above the 100 DMA, suggesting some sort of strength from the buyers. After that breakout, price did continue to move higher, and volumes did expand as the price moved higher. But in the last 2-3 sessions, there have been various strong signs of sellers entering IOC, in form of bearish candles on back of volume expansion. This volume expansion has been more than the volume expansion during the bullish phase, suggesting supply is greater than demand. I will personally wait for more confirmation, such as bearish engulfing candle on back of volumes, to initiate any type of short trade. Another confirmation is the break of the upward trendline, marked with the callout box. Another decisive level is 90.5. There have been signs of supply near this level, as price has reversed from the level many times. If this level is broken with strength, then this would be a sign of supply being absorbed by buyers that are stronger than the sellers. If this were to happen before the trendline is broken, then the short trade setup should be cancelled, and the trend will continue to be bullish. Upside target would be 94.85 and downside target is 84.85. Risk should be managed according to your personal risk appetite.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefull!
Hope I can help you become a profitable trader!
Grateful!🙏
