Idea - Descendant TringleNSE:IDEA has to break descendant triangle to show merger with Vodafone into shareholder's account.
IDEA trade ideas
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
Inside Bar and NR7Buy when price reach High of previous day candle Or sell price reach low of previous day
Wolfe Wave Good RR ratio 4Stock has formed bullish Wolfe wave that offers a good trade with small risk and if works and achieve the target it has potential of 4 times the risk being taken. Details are as under
Entry 53.6
SL 52.2
Target 57.6
RR 4
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Short term Long A Very Narrow price action with short term pull back trade , Stop 61.25 , target as per forecast
Idea - What an Idea Sirji!Keen observations have been mentioned in the chart itself! All self explanatory!
Idea Cellular Cautiously BullishAny turnaround in quarterly results can give Idea a push to complete Cypher Pattern. The stocks seems to have bottomed out. Targets of 120-185 can be considered if Mar'18 quarter shows improvement in financials.
LongTesting strong support..may bounce back...I might consider buying at market price with 50% captial
and if the bounce is confirmed might add positions
follow strict stoploss 65
Long Idea with CBSL 67.5 with target minimum 78 Go long in IDEA with CBSL 67.5 with minimum target of 78 and if 67.5 breaks then go short for downside extension
ONE IDEA CAN CHANGE YOUR LIFE !IDEA chart pattern is tell us.. stock is moving in sidway ( 70- 120 ) level..
we can make long postion here with a tgt. of 90... 100... nd last 120..
The RSI indicator is also 40 LVL. (previous support.)
lets see what happen..
or more query comment below..
i ll happy to see your view, comment and feedback
And follow for such more analysis ....
Idea - Technically a buyTechnically IDEA cellular is strong and can trade for bounce back.
Maintain SL as 71.
IDEA cellular , levels for april.need to watch result of airtel on 24 . and also track that on daily basis to trade this stock ..!
