What an IDEA sirji !!prices are squeezed out on the weekly chart
can spike either side..
follow the breakout direction.. upside tgt ard 15...downside ard 5.
IDEA trade ideas
vodafone idea is near to lower level of channel pattern vodafone idea is in low level of channel pattern. keep in watchlist and do a analysis
DIWALI PICKS: IDEADON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Support in IDEA
Long-Term Investment: IDEA
What an Idea sirjee :) Looks like a breakout in Idea ...what say, assess your own risk ...play as only penny hero zero.....
IDEA forming a channel patternVODAFONE IDEA trading at weekly support within channel pattern.
It would be interesting watching if support will be respected or breakdown by price; leads to nice LONG / SHORT trade respectively with great RR.
IDEA BUY TRENDbuy -9
stoploss-7
target-1:2 or 1:4
accumulate whenever it drops till 7.50rs
The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at ₹10 or above.
Trading Idea! Thesis: Strong upward trend and momentum providing tailwinds to the stock as its looking to break short-term resistance zones / recent swing highs.
Strategy:
Buy at current levels (9.9-10)
Profit target: 10.9-11.1 levels
Stop loss: Below Daily 200 Ema massive support (below 10.5)
Manage Risk. Trade Well!
Cheers
CA. Nick
IDEA BREAKOUTIdea looks good by breaking falling trendline resistance with good margins and succeed to close above that, giving bullish divergence breakout on RSI indictor too by breaking pervious resistance on that so we can see a nice up move in this stock from here.
Cause of long-:
1- Falling trendline breakout.
2- Rsi indictor breakout.
NOTE-: THIS IS ONLY FOR EDUCATIONAL PURPOSE
Vodaphone IDEA Vodaphone IDEA - if it gives a weekly close above 10.1, some serious upside possible to 30-35. Volumes is yet to confirm the move. Long journey.
View invalid below 9
IDEAAs you can see price is in particular range.. Volume is increasing near support and resistance.. But could not move downwards suggest big movement coming soon towards buy side..
Buy above 9.50
Target 13.45
RR - 1:5+
For educational purpose..
Idea Long you can see 3 head and shoulders and the channel ,,we can see the price crawl on lower trendline of the channel so it may soon bounce from there .
idea has a target of 11stock is forming a shark pattern with the D point at 11.o5 whicj incidentally intersects the curved trend line also
Fundamentals may be weak but technical analysis indicates rise Fundamentals may be weak but technical analysis indicates rise in stock price.
See how beautifully fib retracement is followed. Also shoulder pattern if formed. The stock price will rise for sure in future.
Bad result I don't expect vi to perform goodI didn't expect it to perform good anymore as the reported loss is 7400 crores. All investors are exiting the company due to poor growth
Clear resistance marked sell and by at lower levelsThis all are idea resistance. price can fall from this levels mark it on your charts and sell and reenter once it come down
Making profit is important in stock market think of people who got stuck at higher levels in vi around 50-100 levels
IDEA Positional Analysis CMP 9.3 buy for target 12- 13-15-18IDEA Positional Analysis
CMP 9.3
buy for target 12- 13-15-18-25-+
sl below 8 rs
holding period 3-5 years
Vodafone Idea looking BullishNSE:IDEA Vodafone Idea looking Bullish. CMP of 8.85, SL 7, Targets of 17, 26, 35. Please do not overboard, as this is a Penny stock
LongLong term view for good returns
No bulky investment suggestions just for the money what dont hurts you chart says it might jump anytime in coming weeks
Probable upmove coming in IDEAIt is clear from the chart that IDEA has already made a symmetrical triangle pattern
And broke that with a strong bullish candle (Proving strength)
Now it made Flag & Pole pattern.
Which indicates a swing trading opportunity upto 9.35 - 9.50 level. (On the tine of publishing idea LTP was 8.8).
SL 8.20 is a must.
And also the stock is at strong support on weekly timeframe
Vodafone - Idea If it had to bounce this was the perfect level 08.00Rs as per fib golden level 0.618, also it had taken support on same level 3 times , if it breaks this level it will be weak enough to touch approx. 6.00 rs level which is also a bottom of highlighted channel in light yellow, however it is a good sign to bounce from the same level where it took support 3 times, now upside i see a target of 22-25 rs in 6 mnth - 1yr may be as per previous data analysis , where it meets the bigger channel drew in light green, 16- 17 rs would be its 1st hurdle or can say point of profit booking as per previous channel high where it would also face resistance from Ema 200, which it has not broken since 2012. If we check RSI formation it broke its descending trendline and retested the same and now is upwards. all signs and analysis shows bullishness for coming few months.
