IDEA trade ideas
IDEA? A good 1:5 RR here.Macroscopic Factors:
A will draw down from the macroscopic factors to this script. 10 yr TFT Bonds are around their crucial resistance and will likely witness a heavy selloff. The Indian indexes have filled the gap created on the budget and the following days now and there isn't a gap left to fill.
Similar Scripts:
Bharti Airtel (NSE:BHARTIARTL) experienced a massive volume around the closing on Friday, March 19. The recent report by Telcos are positive for all telecom companies.
Analysis
Vodafone Idea is around very crucial support at 9.70. The script has bounced sharply by 0.9 to 1.2 Rs within two trading sessions from around this level. Since the RR is good on the trade, I reckon to have to trades.
For High-Risk Takers:
In this strategy the capital invested is small but you stand to lose your capital even if we happen to have a successful trade here, but late. Buy Mar 10 CE and hold it until expiry of if we hit 10.25. We will likely see 11.45 on the chart, however, for that you are advised to follow the medium risk taker's strategy.
For moderate risk takers:
F&O is typically for high risk appetite traders since your chances of losing your complete invested capital is very high and if you don't follow the price action and other economic indicators (alongside the RSI and MACD), you are highly likely to fail. Buy IDEA Apr Fut at CMP or Apr 10 CE at CMP of 0.9. Exit when we close below 9.45 on the spot chart. This is our SL. The rest of the targets are mentioned on the charts. Reminder: If you take a Fut lot, you can rollover to May Fut eventually if the target takes longer and you won't be penalized for the time delay. Choice is yours.
IDEA will know no resistanceIDEA is at support level taking price rejection from below. We've got this trendline too acting as a resistance and after a nice downside move IDEA is now ready to fly. The main reason I'm bullish is, the stock's rsi has gone to 30-34 levels only once after covid fall and risen everytime and now it's at 34. Plus, market rising from support gives another boost to the stock.
Also we've got a couple of ma(9/21) resistance but it'll break through all. Macd ready to give buy signal soon too.
Will go long above today's candle's high and also have marked all the levels.
VODAFONE IDEA BUY IF BROKE OUT ABOVEVODAFONE IDEA FORMING FALLING WEDGE CHART PATTERN , BUY ONLY AFTER BREAKOUT ABOVE, use horizontal dotted lines as possible take profit levels
Voda Idea - shall we ring into??Charts suggest the price action could take place soon, in the counter.
isnot it looking scary now?? just to warn you!
Disclaimer:NOT SEBI registered. Charts produced here are for personal reference only and not any recommendation.
supportIdea is trading under crucial support
Investor can concentrate here
Target 1: 11.30
Target 2: 12.55
Target 3: 13.70
IDEA (NSE) - Potential to Go UpGreetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
IDEA (NSE) - Potential to Go Up
vodafone idea levels for study purposeBULLISH HARAMI INDICATES SHORT TERM UP TREND. IMMEDIATE TARGET SHALL CROSS 50 DMA 11.75
#vodafoneidea levels for study purposeit's a buy at 10 for target of 12.5 again & hopefully 15.5 this time in next 1-2 months. strong support at 9.6. uptrend confirmation only above 10.7.
levels are for study only.
IdeaNow Idea on Major Weekly Support if it will Take the Support from Here then we have the nice setup ready for Short Term, Mid Term and Long Term gain Stop Loss Should be 10 on Weekly Close Basis that means if it will close below 10 on friday 3.20 PM. we will close the trade
Voda Idea - enter in SIP modeChart has many patterns emerging leading to confusion. Better to wait for 9.25 - 9.75 levels.
VODAFONE IDEA Trading SetupNear the support of the trend line and previous resistance now acting as support.
Analysis of IDEA big Targets for intraday and swinger.For educational purpose only.
Reasons for bullish movement of idea:
1.Had crossed a major support, shown above.
2.Inverted head and shoulder breakout.
3.Flag and pole breakout.
4.50 and 200 EMA breakout.
5.Other markets also seems bullish.
Take entry after closing of green candle above 50 EMA in 30 minutes and 1h time frame. And see other markets also. If you are a very safe trader take entry after price crosses 11.85 Rs. Take Targets according to you ot use pivot targets.
Please comment your opinion or any suggestion.
Thanks!
Example of an EW analysis failure and our learning to trade withOm Namah Shivay
Brothers,
On 8-1-21, we did the analysis and target the short to 7.4. We see that the market moved
in our favor only till 90 paisa and then went in opposite direction. We were supposed to
be out from trade with our stop loss at 12.50. So were were in a failure.
After the trade failure with our EW analysis, we were supposed to re-analyze before taking the trade.
If we see the today's move, we may assume that one abc leg is complete, and some up movement is
pending and so so.
Om Namah Shivay
great opportunity for IDEA LONGIdea at veri crusial support at weekly trend-line, can do wonders in coming weeks, keep in radar for action.
What an Idea, Sirji !Although, the hypothesis is still developing, but there are few elements of technical analysis that hint at this becoming a good set-up for an up-move:
Pros:
1) Elliot wave analysis reveal corrective wave might be near completion
2) Positive divergence on hourly charts
2) Long-term trendline, Fibonacci level offer good support at 10.7 levels
3) Long-term multiple moving averages seem to support the up trend going forward
Cons:
1) Overall markets may further correct to 14,500 levels, where there seems to be a strong support and this correction might have a drag effect on general prices
2) The pattern might still be developing
Possible strategy - Enter with stop-loss at or below 10.3 levels, with a target of 13.5-13.7 and further to 15.5 levels, if the up-move gathers strong momentum.
Disclaimer : This analysis is purely for educational purposes and in no-way should be construed as an investment advice.
Best,
NS
#vodafoneidea levels for study purposeif #vodafoneidea survives and is a turn around story & it successfully establishes itself as a telco, why can't we see 197 in next 5 years? not a buy or sell recommendation.
