IDEA (VI) PRICE CROSS 30 DAY WEEKLY EMA TARGET 18-24-30 IDEA (VI) INCREASE TARIIFS AND ALSO GET 10 YEAR FOR DUE PAYMENT
IDEA trade ideas
Vodafone Idea Trying to sustains above 50 EMA
Resistance at 10.50
Buy only above 10.50
Targets and SL mentioned!
(As per the new tariff might be we will get some bullishness)
Vodafone Idea - Accumulate on dips for a target of 25Vodafone Idea - Accumulate on dips for a target of 25
Any idea, what is cooking? Recent top at 13.55 will be challenged once 12.15 is crossed by December or earlier.
Idea is going to break - Good idea !!!Price is about to break the resistance, keep an eye !!!
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Idea formed a Bearish Pennant pattern on weekly & dailyIdea formed a Bearish Pennant pattern both on Weekly & Daily charts. (google it)
A bearish pennant is formed during a steep, almost vertical, downtrend.
After that sharp drop in price, some sellers close their positions while other sellers decide to join the trend, making the price consolidate for a bit.
As soon as enough sellers jump in, the price breaks below the bottom of the pennant and continues to move down.
To trade this chart pattern, we’d put a short order at the bottom of the pennant (yellow line)with a stop loss (Rs.9.25)above the pennant.
That way, we’d be out of the trade right away in case the breakdown was a fake out.
Unlike the other chart patterns wherein the size of the next move is approximately the height of the formation, pennants signal much stronger moves. If weekly is considered, we can see the fall until Rs.4 & on Daily until Rs.6.95
I suggest not to take any positions until the fall is over.
Also, yesterdays breakout is due to Muhurat Trading and people invested in it because it is a penny stock.
However, it fell without crossing 9.25.
Also, to break the trend line, volumes are required in any situation but here sufficient volumes are not available.
After considering everything, i'm suggesting on not entering into idea now. Enter at 6.95 and if the fall continued, add on dips.
Swing/Short term investment Buy Idea only above 9.25 for a easy target of 10.75++
For long term hold for atleast 6 months. It can be a multi bagger.
Technical view - It didn't broke 9.25 resistance since 8 October, retested two times and this time it will be big as consolidated for a month.
Please contact your financial advisor before Investing...
Breakout [ IDEA ]Nice triangle pattern breakout. All the major 200ema has broken. Though, wait for a retracement to be sure of the move. A considerable Upmove in short term can be expected!
Vodafone Idea 1D chart - made a triangle on its supportPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
Vodafone Idea : What do you think guys?We may see good reversal and management showing interest and because of strong rivalry market price of Vodafone affected.
But if management succeed in fund raising
I am not registered with SEBI.
IDEA - Bullish Engulfing at support post steep declineNote: This is for educational purpose only.
There seems to be a bullish engulfing at support post steep fall. Support seems to be since June so assuming this as strong support.
Entry Price: 9
SL: 7
Target 13
Caution: Please do not trade in F&O as the lot size is 70000. There could be huge losses in F&O.
Steep Down channelDifficult to sustain such a steep fall. Can change course to form a flatter channel. No Longs! Wait for trend lines
IDEA Levels for 26-OCT-20(Intraday) Buy above 9.25 for 0.25,0.7,1.5+++---
Sell below 8.90 for 0.25,0.7,1.5+++--- Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
