VODAFONE IDEA - UPDATE Vodafone IDEA on hourly chart seen bullish channel breakout ...which is also indicate strong trend reversal signal , this stock has very good prospectus As telecom sector near term 5G spectrum allotment going to start soon in major cities in india from JAN 2022 and other good booster packages to this sector from GOVT also on card.
BUY Vodafone IDEA cmp@ 13.80
short term target 16
stop loss 12.50
Bullish technical indicators on hourly chart .
1. Stock at support 200 SMA
2. CHANNEL BREAKOUT SEEN ON HOURLY CHART at upper-side.
3. Moving avg crossover
4. MA ADX turn bullish green.
* I hope this idea will helpful to your study and anlysis ..take call at own risk !!
WISH YOU HAPPY TRADING !!
