I hope you can now see how IDEA represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
Note: 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.
Idea lost all the idea bearish all the way to 10.15. if the idea gets any chance to impress you good luck.
Technically IDEA cellular is strong and can trade for bounce back. Maintain SL as 71.
Short IDEA below 87 T1: 84.50 T2: 82.00 T3: 78.00 SL: 90.50
By IDEA at 92.35 target 127.9 sl 80. There's strong Bullish Engulfing pattern formed in weekly chart. This's such a good time to enter IDEA. Because this's now moving after deep correction, consolidation and volatility . It has closed above the middle band of Bollinger Bands and the RSI and Volume also looks very positive stock catching. Things looks like an IDEA...
Idea Cellular continue to its down trend and still looking week, stock has already touched its long term support and trying to retest again that level, stock if broke 71.34 will go further down ward or if don't it will target to its existing trend resistance somewhere between 84-86, trader should wait to retest the support 71.34 if it doesn't break this level then...