IDEA trade ideas
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.
Ending - Diagonal I have already posted on this scrip on weekly basis , but today close confirmed the next move
Its visually clear now that the Scrip is ending its move I am looking the 5 intermediate waves are about to complete completing the Last corrective wave C
It leaves only one Conclusion current move is about to end ,
But its also true that its last move hasn't finished yet , Look for last drop before it makes an turn around
Look for buying Opportunity
Long - Start of New ImpulseCurrently the move to down side is still possible on daily basis
I am looking for buying once it makes to 10 or below in cash as positional basis
for the Target of 100+ in 2 Years
This one has come down deep so expecting this move up will be more than ATH
Idea lost all the idea bearish all the way to 10.15Idea lost all the idea bearish all the way to 10.15. if the idea gets any chance to impress you good luck.
Idea - Daily Chart CMP 13.5 Target - 14.15- 15- 16- 17 - 18+Idea - Daily Chart
CMP 13.5
Target - 14.15- 15- 16- 17 - 18+
Idea A Bet - Can go up and only upJust see the chart on weekly time frame.
if nothing negative come from market then it has potential to go for 34 Rs target. Short term target 1 is 16 rs . target 2 is 20 rs. Target 3 is 27 and then 30 and then 34
Buy Future contract June Buy CMP 11.90 June Future contract , Hold it for a month you can book it for 22
Trust me you will become millionaire in this trade alone if you invest wisely
[Intraday] Idea Results Trade IdeaIts almost gambling because it is bet that it will revert on results as it already fell before the results making a lower high (As it is going to 0 anyways when Jio is here right?)
Ready for Buy Set UpThis one has one more drop based on wave count theory ,
I am looking for drop near 12 for buy , I am looking to buy May Future contract or June for Long term holding as my forecast target is 39+
on immediate basis
One can look for entering on drop Reversal daily time frame
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 - A SIP IDEAAS PER TECHNICALS NEXT TARGET FOR IDEA IS 22.4.
STOP LOSS 15.8.
IDEA IS A BEST INVESTMENT IDEA FOR 2-3 YEARS.
THE POSITIVE REASONS:
TOP CLASS MANAGEMENTS WHO ARE INVESTING HUGE AMOUNTS OF MONEY.
BOTH THE MANAGEMENTS HAVE GOOD BUSINESS TRACK RECORDS.
WITH THESE INVESTMENTS THEY CAN TAKE UP THE NEW OPPORTUNITIES IN THE TELECOM FIELD.
NO NEW ENTRANTS EXPECTED FOR NEXT FEW YEARS.
DO THE INVESTMENTS IN SIP MODE FOR 2-3 YEARS.
SEE YOUR INVESTMENTS GROW.
NEGATIVE REASONS:
GESTATION TIME WILL BE MORE.
DO NOT GET TEMPTED/LOSE YOUR HEART IN BETWEEN.
BOTTOM LINE:
DO THE INVESTMENT IN SIP MODE. INVEST CERTAIN AMOUNT PER MONTH FOR NEXT 2-3 YEARS.
Vodafone Ideas is SELL for Short TermThe stock has been trading in a negative price channel indicating strength of sellers. The immediate support stands at 15.05 below which fresh shorts may be initiated.
Long on Bail out package This scrip has made its complete one cycle of impulse & Correction , and its due for rally , but rally isn't coming that easy , wait for bail out package which in discussion
and you can look to Go long with strong daily close above 3 % in price range , this move will eventually will move further higher high due to expected 5 G development in coming years
Investment Yes its Good idea
One Last drop before Start of New impulse leg upThis one had very bad days in the past , i am looking this would be the last drop before it starts making a New Impulse leg up , one can look for investment opportunity
any Gap down on bad News , Take the opportunity in Small investment let some 500 USD run in cash , the down side would be limited to loss of the capital but the Up side has potential of increasing your investment to 4 times to the current price , buy on drop and hold it , it will likely give 400 % in an year or + few months
Good luck
IDEA : Don't get into long term buy as yet.. Short/Medium Term As per my wave analysis, don't get into long term buy as yet on IDEA..
Look at the possibilities next for short term and then medium term in the chart.
Happy trading..
IDEA Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
