MORNING STAR FORMATION IN MONTHLYLong-term investors can cash in some money here & add on dips for good returns.
IDEA trade ideas
idea hammer with bullish cnadle(monthly chart)idea buy at market price
for tgt of 50/ 66++
support levels 32-34
IDEA Channel BreakoutChannel breakout on IDEA with a good volume .
Positive MACD cross over .
A good buy for targets mentioned in charts .
Idea - distress value - From 200 to 34. Not a tech pickLooks like distress value on idea - portfolio buy. Not a technical pick
IDEA DIVERSION ON RSIIDEA DIVESRION ON RSI SHOWING CHANGE IN TREND
SO BUY ABOVE 52.75
WITH SL-49.7
TARGET1-56
TARGET2-60
TARGET3-65
Idea - Descendant TringleNSE:IDEA has to break descendant triangle to show merger with Vodafone into shareholder's account.
IDEA1) Triple bottom
2) IDEA VODAFONE merger completed
3) RSI divergence
4) Bollinger band squeeze-- whats next ? When will merger reflect in shareholding?
Gap fill theory Stock opened with gap up on 24 July
Though 01 & 02 Aug candles breached low of 24 July, it is only on 13 Aug the stock filled the gap
Idea trendline breakoutIdea can break trend line and reach 58 levels if Nifty continues its momentum
