IDEA trade ideas
Idea: Short Term Money Making MachineThe idea is the oldest telecom company that is struggling today with consolidate time today as facing consolidated zone in recent days.
But we can observe it as a money making machine in short term trades
When we put it on daily charts it's support and resistances are as follows:
1st Support: 8.45
2nd Support: 8.80
If it crosses 8.80 then it can show you the levels of 8.45. The buying zone is 8.80 and 8.45
1st Resistance: 9.30
2nd Resistance: 9.70
If it crosses 9.30 & 9.70 then it can again show you the targets of 10.30 and more.
The stock is also taking support on its 50 days moving average it means it is in an uptrend right now.
So, GO GET IT
I am not a SEBI registered broker. So, take the legal advice of your broker before entering into trade.
RSI VS PRICE DIVEREGENCE IN VII have noticed an RSI VS PRICE Divergence on VI chart. Here the price is constant, whereas RSI has declined over the same period. Feel free to comment with your understanding of the same. How will the price reacts because of this.
vodafone idea SHORT TERM VIEWAscending Triangle Pattern FORMED
This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
IDEA : Nice BUY coming.. My Chauhan's view wave analysis suggest a nice buy coming - a good investment opportunity.
DO not miss it.
Happy Trading.
Candlestick Patterns to become a Successful TraderCandlestick patterns, which are technical trading tools, have been used for centuries to predict price direction.
There are various candlestick patterns used to determine price direction and momentum, including three line strike, two black gapping, three black crows, evening star, and abandoned baby.
However, it’s worth noting that many signals emitted by these candlestick patterns might not work reliably in the modern electronic environment.
It's the BASICS... sometimes as traders its best to stick to the basics , your trade run better when you go with the trend o the market.
Bull market buys, Bear market sells....
You will see a huge difference in your results when this is done. Scalping is great but overall trend is key.
The saying is set true "TREND IS YOUR FRIEND"
IDEA_LOOKS GOOD ON CHARTVI (IDEA) looks good to go long on the chart.
(for educational purpose only)
VI WILL BE DOWN TO 10 BY AUGUSTJust by looking at the market, it's declining and reporting 7000cr in losses. By looking at the pattern of their QY losses and will increase as the spread of JIO and Airtel customers.
IDEAI personally do not trade in stocks which are priced so low, but the chart pattern is interesting.
Vodafone Idea making a cup Pattern Wait and WatchVodafone Idea making a cup Pattern.
Vodafone Idea was moving in a Channel from June 2020 till April 21 and started making a Cup Pattern.
There is a strong resistance at 13.30-13.80 from where it reversed earlier. The next resistance is at 11.85.
So a decisive break and retest above 11.85 could provide an opportunity to go long for a target of 13.50. Put on watch list.
If history repeats itself, 14.5 is comingThe stock has broken out of the accumulation zone with increase in volume and looks good to test the upper blue line in short term
Idea - Channel PatternIdea been trapped in a channel pattern since June 2020 and now again from its bottom begins to move upward, so give an entry with appropriate Stop loss
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
#vodafoneidea strong weekly closingclosed above 10.25.
next trigger is 11.6.
above 12.55 will ensure sure shot test of new high
IDEA price projectionif it sustains above 10.55 then we can see T1 13.65 T2 20. This is my own analysis do your own and invest.
FY21-22 Swing Trade Idea #94: Long on IDEAThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
cup and handle on a big TF a good swing long can be initiated after the level of 10.25 is broken with good volume candles
[Intraday] Stocks Affected by Reliance AGM - WatchlistIts a general commentary.
My expectation -
1. Reliance will fall because Market already expected too much stuff for its AGM
2. Airtel will flash crack and give a good support-based buy.
No view on Suntv and Idea
See the Pattern
Right now they are moving in same pattern. Wait for the AGM in 14:00, You will see massive moves based the each comments there. Last time Reliance moved over 100 points in 5-6 mines.
Keep these stocks in your watchlist if you're a scalpler
