IDEA trade ideas
trade with break out conformation
If closes above 4.45 more up move possible ( profit potential more that 100%)
at the end of the day its your money invest at your own risk
IDEA Chart - a studyIDEA may provide one more chance to buy at 3.4 - 3 range.
Wait for it.
Then, if the situations turns in it favor, expect a rally to 5.45 and 6.5.
This target is observed from the chart for a long term as the scrip may spend a while at 3 range.
Idea Mid Term BuyIdea share price has been following trend within trend with ascending triangle. Hope it will touch level Rs 20 to 30. then sudden down or range bound possible.
Short term target Rs 10 to 12
Mid term target Rs 20 to 30
Duration 20 to 90 Days
Disclaimer: Stock Market Is Subject To Market Risk. Buy Sell Is Your Choice.
Cheers!
Vikas Gupta
Bharti Airtel vs Vodafone IdeaBharti Airtel NSE:BHARTIARTL vs Vodafone Idea NSE:IDEA
Both posting heavy losses
AGR woes for telecom operators - 24th Jan deadline for payments, airtel 35k crore outstanding, idea 50k crore outstanding
both want curative measures from govt
airtel claims will be routing some funds from funding that they have secured, idea hasn't published what they would be doing
Why is airtel stock price increasing and idea stocks price decreasing ? does this mean idea losses would be airtel gain
some analyst say if idea goes down (other than this AGR they have other problems as well to fight for - losing subscribers, Vodaphone idea integration woes) - 100 million subscriber base of idea would be for grabs and airtel & Jio would be beneficiaries
Is Airtel a good bet? don't know about long term but for short term yes
Technicals - heavy volume - Price in the Sell zone
buy above yesterday's high
Entry Price - buy above 504
1st target Price - 516
2nd target Price - 543
Happy Trading
Vodafone Idea: This ain't a stock for the faint-hearted...!!!Vodafone Idea
Closing Price 4.45
It's true that the stock has seen a lot of beating in the last few years. And I mean it when I say what I said...a lot means really really a lot...
- a number of issues have taken a very heavy toll on the stock... which is part of Fundamentals and is reflected in the stock price...
Some of fundamentals (available in media and News)
- Supreme Court rejected a plea by the telecom operators to review its October 24 verdict that had widened the definition of Adjusted Gross Revenue (AGR)
- It has lost 36.31 lakhs subscribers in Nov 2019
- Vodafone Idea lost it's No 1 place to Reliance Jio
- yet Vodafone Idea's current Market share is 29.12% (as per figures publicly available in News & Media channel)
I have never been particularly attracted to telecom sector from a bullish viewpoint so far... (Do see my views on RCom listed below)
& yes it will be tough for Vodafone Idea to maintain / defend it's market share
but from Technical Analysis viewpoint
- the stock has seen a 76.4% retracement of it's rise from 2.4 to 8.8
- the stock needs to hold the level of 3.65
- target for the current setup 14 / 21
- Stop loss can be either kept at 3.6 or one may consider to only invest an amount which will not give them sleepless nights even if it goes bust...
-at current levels the stock provides a good risk:reward ratio
The view mentioned here is purely based on Technical Chart and the analysis is for educational purpose only.
Remember It is your hard earned money and your decision... so do take care of it and act as per your risk management...!!!
Do consult your financial Adviser if necessary.
Take care & safe investing...!!!
This company is going to be bankrupt Vodafone Idea Ltd is going to be bankrupt after is posted its Q2 loss of 50920 crore rupees and the stock has already started reacting but the participants who were sleeping today will react tomorrow so catch the fall.
IDEA - STAGGERED PURCHASEIDEA IS EXPECTED TO REACT TO SUB 5.6 LVLS.
ONE MAY CONSIDER BUY, WHEN THIS LEVELS ARE REACHED.
GO IN A STAGGERED MANNER, BELOW 5.6 LVL.
IT IS BETTER TO WAIT FOR SOME TIME.
A CLEAR BREAKOUTEnter Vodafone Idea at 5.90-6.10 levels ideal. Else buy in dips keeping a stop loss at 4.70. Vodafone Idea is near its 52 weeks low giving a clear break out. Buy and forget. The company will never wind up in any situation.
VODAFONE-IDEA - SCENARIOWHY THE IDEA CHART PATTERN INTERESTS ME?
IT IS THE BUSINESS "WAR" AND THE SITUATIONS ARE SO DIFFERENT.
CONSIDER SOME :
GOVERNMENT WANTS "DIGITAL INDIA".
PLAYERS - BSNL, AIRTEL,VODAFONE & JIO.
BSNL - NOT AGGRESSIVE
AIRTEL - INTO HUGE LOSSES.
VODA - HUGE LOSS AND BOTH THE PROMOTERS NOT INTERESTED TO INVEST MORE, TILL THEIR REQUESTS ARE MET BY THE GOVT.
JIO - ONLY PLAYER, BUT DOES NOT HAVE REQUIRED INFRASTRUCTURE FOR THE HEAVY LOAD, IF VODA SHUTS THEIR OPERATIONS.
BANKERS ARE AT RISK.
IF THE TELCOS GET THEIR DEMANDS APPROVED TO FULL / SOME EXTENT, VODA IS LIKELY TO TOUCH THE TARGETS APPEARING IN THE CHART.
GO BY "SIP" METHOD ONLY.
SHARE / COMMENT, AS SMALL INVESTORS ARE PROVIDED WITH AN OPPORTUNITY.
IDEA - DUES CRISISA PIN BAR IS FORMED AT THE LOW OF YEAR.
WITH ALL THE ADVERSE NEWS, SHALL ANYONE THINK ABOUT LONG IN IDEA?
FROM THE FUNDAMENTAL ASPECT, THERE SHOULD BE A GAME PLAN WITH THE BIRLA MGMT TO OVERCOME THIS CRISIS.
THE PERSONAL OPINION IS PROVIDES AN OPPORTUNITY TO EARN DECENT RETURNS IN A TIME FRAME OF 1-2 YR, FROM THE CURRENT PRICE.
IDEA - WHAT'S UP????LET IDEA CROSS THE NECK LINE AT 6.95.
TARGET MAY BE PLACED AT 8.70.
GOOD IDEA .... ISN'T IT?
