IDEA long trading opportunity :-)levels mentioned.
Disclaimer: This analysis only for information purpose, do your own analysis before taking any decision.
Trade or invest at your own risk.
IDEA trade ideas
Idea: Is it a good idea to invest in Idea???Idea
CMP 9
The quarterly results have reflected a huge loss to the tune of 25K Cr loss...
But most of the component of loss were for known reasons.
On charts the stock has support AT 7.8-6.6 levels
Above the red line the stock may signal a breakout...
Keep a close eye.. Consider buying on dips or if you observe a breakout above the red line
Disclosure: This stock has been recommended earlier at when the price was around Rs 4 in the month of January.
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Go LONG in IDEA with 30 % TargetHi guys this is Trader Kanishk
In this analysis of IDEA
Why to go long with this huge target
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
everything have been discussed in the video .
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Low RISK High REWARD Setup #vodafoneideaLooking to buy the retracement of wave 1 (marked in purple) as close as possible to Rs 8, with stop loss at Rs 6.98 and an immediate target of Rs 12.5.
RiskRewardRatio is 1 : 4.5
P.s. Why i mention this trade could be highly rewarding is because, i have reason to believe we have started Wave 3.
Good Luck.
Cheers !
A long term Idea!There is no point at all in looking at short term time frames in this company given the deep breakdown in its chart structure and deteriorating fundamentals... if at all there would be recovery it is going to be long term... it is still early days but i am seeing a formation of a giant cup structure in the monthly charts and targets are simply based on that.... fundamentals improving in the medium term will further bolster the emerging pattern.
Disclosure: Invested and idea is biased to the core
Voda Idea - Retrace?? Not so clearAs per weekly chart, the price has come down to 50% of the rise. And, from there it has closed @ 7.8. So, it seems that it may once again go to 8.55. But, what could be the reasons which can trigger this? As read somewhere Sri. RK Damani had entered at 3.8 in a big way. They may get attracted again.
Idea Vodaphone Price ActionIdeaVodafone has gone through two phases of Price Action, Accumulation, Advance phase over. It is in distribution phase. Traders slowly offloading their holdings. It is at crucial support, be careful to enter with Strict SL or avoid. Decline will be unstoppable! (Take this as educational only)
Three possibilities.NSE:IDEA
1. Old trend line.
Possible that it will follow the trend line and move upward.
2. Forming cup and handle formation.
Possible that it may form the handle if it followed the trend.
3. Flag formation.
It may continue moving downward and break the previous trend.
This is my first post.
Please guide me and tell me if I am wrong with any of the analysis is wrong.
(•‿•)
Vodafone Idea Ltd. - INSIDE BAR PATTERN IN WEEKLYVodafone Idea Ltd.
#IDEA is trading within an Inside bar pattern.
Technical indicators are bullish.
RSI is above 60-level and is BULLISH.
TT2 Weekly Trend is BULLISH.
If the price closes above Inside bar 12.60, the nearby resistance is 17. If the price closes below Inside bar 8, the nearby support is mid-Bollinger band 5.70 on the weekly chart.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
VODAFONE IDEA (Cup formation)CMP = 10.4
Upside Target = 12.7 (22%)
SL = 9.4 (9%)
Look to accumulate on dips within the current channel so that your buy price is as close to the stoploss.
If it breaks out of the channel in the next trading session, buy with a STOPLOSS of 10.7 - 10.4 based on your risk appetite.
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
More accuracy = more profit potential & controlled loss.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
Vodafone Idea Ltd. - BUY in BULK!!Vodafone Idea Ltd.
The stock has been trending in a narrow range and formed a pennant pattern.
Today, the pennant formation breakout is visible clearly. Sustainable trading above 10.80 may increase short term bullish bias more on the higher side.
RSI is above 60 and is Bullish.
TT2 Daily & Weekly is Bullish as well.
The next resistance is 12 and then 15 on the Daily Chart. Nearby support is 7.9.
KEEP AN EYE!!
***this is my personal view. Please take advice from your financial advisor before investing.
