IDEA trade ideas
IDEA ( BEAR OR BULL)IDEA IS TRADING IN A CHANNEL. NOW FROM A 3-4 WEEKS ITS BEEN TRADING NEAR ITS SUPPORT ZONE. IT'S GOING TO BE A RALLY ON EITHER SIDE SOON.
Expect Idea to be trending in the coming daysVodafone idea can move in either of the sides depending on the sentiment, Short or Go Long below or above the given leveles,
The stock is currently at a good support.
Path.
Disc:- For educational purposes only, Follow for more daily uploads.
Buy only after BreakoutIf you find any breakout in monthly with good volume buy for the purpose of holding it very very long.
Else, we can expect the fall to <Rs.2.5 - 4
Note: Fall is good..!! After proper correction, this stock can drive high
If no breakout is seen, fall will happen
VODAFONE is in down trendHey guy have a good day .
its a downd trend and its show three positive singal
(1) EMA 200
(2) double bottom
(3) down trend
Buy idea at current level & declineMy idea is for educational purpose.
Buy idea @ 10 and decline till 8.8 for the short-term target of 13.5 and after that 23-26.
Vodafone Idea Elliot wave- Possible PathVodafone Idea Elliot wave- Possible Path
Idea can follow this path for short term reversal. Don't hold now as this graph is not strong on monthly chart. Wave also consists of MACD analysis effect. line in greens are the exact levels on which you can trade.
#vodafoneidea levels for study purposeAAKHIR TUMHE AANA HAI ZARAA DER LAGEGI. SURVIVAL KA BAHANA HAI ZARAA DER LAGEGI. 19.35 BY AUG-SEP21, DEC 21 ONLY TIME WILL TELL.
Idea Bullish viewBreakout trading
Levels are on the chart
Disclaimer: This is not a stock recommendation .
Fundamentals does matterIdea reached the high of Rs.13.8 ignoring the Fundamentals and once people started realizing its worth, it started to fall.
Too many indications which shows adds up to the fall:
1. Weak Fundamentals
2. Trading near the downward channel which started in 2015 and Idea is not strong enough for the breakout
3. It slipped down from the Orange Line(Trend line)
4. 200 days EMA is broken
5. Decreasing users
After considering the above,
We can see Idea at Rs.5 levels very soon.
Idea took the rally from Rs.5 level after the false news of Amazon planning to invest in Idea.
Now that it is clear, MNC's are busy tearing down the FUTURE of potential companies that are on the verge of Bankruptcy,
we cannot expect them to revive a company like IDEA.
Revival depends on the people who are living around it and not by pumping more and more funds into..
At present, i don't feel that idea has the potential to break the purple line.
If my predication is as good as the market decision of the idea share to be at, we can expect the share trading at Rs.5
