Note: This is for educational purpose only.
There seems to be a bullish engulfing at support post steep fall. Support seems to be since June so assuming this as strong support.
Entry Price: 9
Caution: Please do not trade in F&O as the lot size is 70000. There could be huge losses in F&O.
Idea share price has been following trend within trend with ascending triangle. Hope it will touch level Rs 20 to 30. then sudden down or range bound possible.
Short term target Rs 10 to 12
Mid term target Rs 20 to 30
Duration 20 to 90 Days
Disclaimer: Stock Market Is Subject To Market Risk. Buy Sell Is Your Choice.