Time to get IDEATelecom stocks are positive for long term and Vi is now preparing for turnaround with 5G rollout. Management has done everything they can to ensure things change for the company. It is finally breaking above its previous high. A double bottom breakout is on screen. Waiting for some pullback to enter this.
VI
#IDEA long trade setup (23/01/24)Greetings Folks,
today I have prepared a setup of NSE:IDEA on NSE
the analysis is as follows-
- the price was on a great bullish run
- right now, the indices as well as the stocks has fallen more than anticipated
- the circle marked has the highest probability of being a support now
- no market falls continuously, if this is a start of bearish run, we may see a little retracement in up side
don't play with fire, always use a predefined stoploss
#IDEA LONGTERM LONG TRADE SETUPGreetings Folks,
today i have prepared a setup of IDEA on NSE
the analysis is as follows-
- The price structure is very optimal for swing trade right now
- price is trying break the static resistance which has been tested before
- if it breaks it with good strength, we can look for buys at minor retracements at lower time frame
don't play with fire, always use a predefined stoploss
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