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VODAFONE IDEA LIMITED
Long

IDEA - CONSOLIDATION BREAKOUT

Par NeeteshJain
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It is been observed on the hourly chart that the price action consolidated in a downward or a zig-zag correction and now it has broken above the downward trend line indicating buyers come back. It shall further take the prices up from the current levels.

Target: 112

Stoploss: 109
Transaction en cours
Transaction en cours
Idea in news for expanding 4G network in 30 new towns within India. Regards
Note
Stoploss Changed to 108
Transaction en cours
Note
Big players taking every dip as an opportunity to buy in the market. Idea is one of the script where big players anticipating the same.

It is in a bullish mode and it shall further move up to 120 levels in march series.

Thanks,
Note
Updated Chart with new stop loss,

snapshot

Stoploss: 106

Regards
Trade fermée: ordre d’arrêt atteint
Note
It is still in uptrend and it shall move up again later in coming days. Now, you can hedge your positions by buying a PE 102.50. Regards
Note
It did come back strongly and continuous to trend up. Regards
NeeteshJain

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