Vodafone
VODAFONE Trade Setup This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
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See Description For Further Details
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Stock Has A Breakdown And Consolidating Down From A Quite Long Time. Stock Recently Has Shown Some Breakout And We Can See Follow Though.
Buy Above (Current Resistance) -12.05, Target - 17.55
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VODAFONE IDEA (Cup formation)CMP = 10.4
Upside Target = 12.7 (22%)
SL = 9.4 (9%)
Look to accumulate on dips within the current channel so that your buy price is as close to the stoploss.
If it breaks out of the channel in the next trading session, buy with a STOPLOSS of 10.7 - 10.4 based on your risk appetite.
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I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
More accuracy = more profit potential & controlled loss.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
IDEA KEY LEVELS SUPPORT AND RESISTANCE 10/06/2020 WEDNESDAYKey Levels for VODAFONE IDEA : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10.75
FIRST TARGET~11.95
INTERIM RESISTANCE~12.65
FINAL RESISTANCE~13.60
LOWER BREAKOUT~9.05
FIRST TARGET~8.10
INTERIM SUPPORT~7.25
FINAL SUPPORT~6.25
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Idea Mid Term BuyIdea 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.
Cheers!
Vikas Gupta
Bharti Airtel vs Vodafone IdeaBharti Airtel NSE:BHARTIARTL vs Vodafone Idea NSE:IDEA
Both posting heavy losses
AGR woes for telecom operators - 24th Jan deadline for payments, airtel 35k crore outstanding, idea 50k crore outstanding
both want curative measures from govt
airtel claims will be routing some funds from funding that they have secured, idea hasn't published what they would be doing
Why is airtel stock price increasing and idea stocks price decreasing ? does this mean idea losses would be airtel gain
some analyst say if idea goes down (other than this AGR they have other problems as well to fight for - losing subscribers, Vodaphone idea integration woes) - 100 million subscriber base of idea would be for grabs and airtel & Jio would be beneficiaries
Is Airtel a good bet? don't know about long term but for short term yes
Technicals - heavy volume - Price in the Sell zone
buy above yesterday's high
Entry Price - buy above 504
1st target Price - 516
2nd target Price - 543
Happy Trading
VODAFONE IDEA - Trend Reversal.Positive Trend starts Post Sep 19This analysis is done based on technical characteristics of chart and No fundamental points considered.
Vodafone Idea has fallen for quite sometime and it is time for retracement of previous fallen levels. 50% retracement expected from current level
Target 1 marked in the chart. If Vodafone Idea falls post between 23rd Sep and 23rd Nov, 2019 , then trigger the stop loss.
Further fall is expected till 23rd sep, 2019, so wait till 23rd Sep to buy below current level.
Target 2: 39
Target 2 Date : 15th Nov 2021.
Voda Idea Rights Issue | Trade NiveshThe Rs 25,000-crore Vodafone Idea rights issue was subscribed 1.07 times at close of subscription on Wednesday, bankers familiar with the matter said, as India’s largest telco sought to raise funds to repay debt and ease financial pressure to effectively take on rivals Reliance Jio and Bharti Airtel NSE 0.39 %.
high 17.10
low 16.30
VODAFONE IDEA- BREAKING OUT OF RANGE?? Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators.
Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.