POTENTIAL INVESTMENT TARDE FOR VODAFONE IDEA
Here we look at the Quarterly chart since 2008, We see price was rallying up violating Resistances and respecting the Support areas, until it starts doing the opposite.
Now recently Price has violated a Supply area which indicates that the Buyers have just won over the sellers and now Price has given a Pullback in a 6 Months Demand.
Now we have a 6 Months Demand; So understanding the timeframe role into this Trade as the Demand in which we buy this a 6 months Demand hence we will have to consider a minimum of 1 to 2 years considering at least 2 to 4 candles of 6 months each to achieve the Target.
Here we have the following to consider before entering the Trade
Trade Type : Investment Trade
Entry : 10.10
SL : 5.70
TGT : 39.74
Risk : Rs. 4.4
Reward : Rs. 29.64
Ratio for Reward to Risk : 6.7/1
Vodafoneideaanalysis
Vodafone Set to Integrate Crypto Wallets With SIM CardsVodafone ( NASDAQ:VOD ) is utilizing SIM card technology to meet the anticipated surge in demand for cryptocurrency on mobile phones. CPO David Palmer discussed how the company is advancing blockchain use on mobile devices to manage crypto transactions. He highlighted the use of Pairpoint, a brand that advances web3 and Internet of Things (IoT) services by utilising SIM card technology for blockchain-based digital wallets on mobile devices.
Palmer believes there will be 5.6 billion blockchain-based digital wallets by 2030, which will be the gateway to financial services. He highlighted the use of public blockchains like Ethereum (ETH-USD) but acknowledged regulatory hurdles. The long-term pathway is towards using public blockchains such as the Ethereum network, and with the Ethereum fork, we are starting to see that public blockchains are becoming faster and more secure.
Vodafone's digital asset broker platform, PairPoint, facilitates transactions between public and private blockchains using smart contracts for seamless integration. It acts as a middleman for large enterprises that wish to write to a public blockchain, allowing cross-chain interoperability through smart contracts.
Vodafone's digital asset broker platform followed its early experiments with peer-to-peer micro-payment transactions and later integrated its SIM card technology with blockchain, introducing interoperable 'digital identity passports'. These passports securely store private keys to digital wallets within the SIM card's hardware module. This culminated in the creation of Vodafone's Pairpoint platform, providing Internet of Things (IoT) devices with decentralized digital identities and enabling them to operate across organizational and system boundaries.
Technical Outlook
Vodafone stock ( NASDAQ:VOD ) didn't quite react to the fundamentals. The stock is trading in equilibrium to market sentiments the ratio of buyers to sellers is latent. The stock has a Relative Strength Index (RSI) of 52 which is not oversold or overbought.
Vodafone and Microsoft's £1.2 Billion Pact
global telecommunications giant Vodafone (NYSE: LSE:VOD ) has inked a momentous 10-year, £1.2 billion deal with tech powerhouse Microsoft. This landmark partnership is set to redefine the digital landscape, leveraging Microsoft's cutting-edge generative AI, digital, and cloud services to catapult Vodafone into a new era of customer-centric innovation.
The Vision:
The strategic alliance aims to propel Vodafone's digital transformation, with a significant focus on customer experience enhancement. Under the agreement, Vodafone will invest a staggering £1.2 billion over the next decade in harnessing Microsoft's generative AI technologies to revolutionize customer services. The collaboration is poised to create state-of-the-art chatbots that will redefine the way Vodafone interacts with its more than 300 million consumers and businesses across Europe and Africa.
Digital Evolution:
A core component of this digital evolution is the digitization of Vodafone's data centers using Microsoft's Azure cloud platform. This move signifies a commitment to operational efficiency and a seamless transition to cloud computing, allowing Vodafone to stay at the forefront of technological advancements.
Empowering SMEs:
One of the key pillars of this collaboration is the empowerment of small and medium-sized enterprises (SMEs). Vodafone and Microsoft plan to scale a new standalone Internet of Things (IoT) business by April 2024. This venture aims to provide SMEs with innovative solutions, enabling them to harness the power of IoT for enhanced operational capabilities and efficiency.
Financial Inclusion through M-Pesa:
The partnership extends beyond technological collaboration as Vodafone and Microsoft aim to expand M-Pesa, Vodafone's mobile money service, to improve financial inclusion across Africa. By leveraging Microsoft's expertise and Vodafone's established presence in the region, the collaboration seeks to provide accessible financial services to underserved communities.
Mutual Benefits:
Microsoft, in turn, will utilize Vodafone's fixed and mobile connectivity services, emphasizing a reciprocal relationship. The tech giant will also invest in Vodafone's connected devices platform, emphasizing the commitment to mutual growth and innovation.
Leadership Perspectives:
Vodafone Group CEO, Margherita Della Valle, expressed the company's bold commitment to the digital future of Europe and Africa. She highlighted the potential of the strategic partnership with Microsoft to accelerate digital transformation, particularly for SMEs, and elevate customer experiences.
Microsoft CEO Satya Nadella echoed this sentiment, emphasizing the monumental opportunities the new generation of AI unlocks for organizations globally. He underlined the joint efforts of Vodafone and Microsoft in applying cloud and AI technology to enhance the experiences of millions of people and businesses, signaling a collective commitment to innovation.
Conclusion:
Vodafone's billion-pound deal with Microsoft stands as a testament to the pivotal role technology plays in shaping the future of telecommunications. This collaboration is not merely a transaction but a visionary partnership poised to reshape the digital landscape, empower businesses, and enhance the lives of millions across continents. As Vodafone takes a bold step into the digital frontier, guided by Microsoft's expertise, the ripple effects of this transformative pact are poised to be felt far beyond the realms of the telecommunications industry.
Vodafone's Bold Leap into the Blockchain Realm
In a groundbreaking development, global telecommunications giant Vodafone has forged a strategic partnership with blockchain trailblazer Chainlink, marking a significant stride toward mainstream adoption of blockchain technology. The collaboration, which positions Vodafone as a node operator within the Chainlink ecosystem, not only underscores the telecom giant's commitment to innovation but also holds promising implications for the future of decentralized networks.
Embracing the Role of a Chainlink Validator
Vodafone's entry into the blockchain space as a node operator signifies a pivotal role in the security and validation of data on the Chainlink network. This move is not merely a technological integration but a testament to the increasing synergy between traditional industries and the transformative potential of blockchain. As a trusted player in the telecommunications industry, Vodafone's participation as a validator enhances the decentralization and reliability of Chainlink's oracle network – a foundational element for smart contracts to seamlessly interact with real-world data.
Unveiling New Avenues for Data-driven Innovation
The collaboration with Vodafone extends beyond securing the blockchain – it opens doors for Chainlink to explore new frontiers in data utilization. With Vodafone's extensive reach and access to vast amounts of real-world data generated by the telecommunications industry, Chainlink gains a valuable resource to enhance its Oracle services. This partnership allows for the extraction of network performance metrics and user behavior data, empowering smart contracts with more accurate and diverse information.
Fortifying Decentralization and Resilience
Chainlink's emphasis on decentralization receives a substantial boost with Vodafone's entry as a node operator. By contributing to the distributed nature of the network, Vodafone plays a key role in preventing a single point of failure and mitigating the risks associated with malicious activities. The collaboration not only enhances the security and reliability of Chainlink's Oracle infrastructure but also positions Vodafone as a crucial player in the ongoing evolution of decentralized technologies.
Ripple Effect on Chainlink's Credibility and LINK Token Dynamics
Beyond the technical advancements, the partnership with Vodafone significantly elevates Chainlink's credibility. Vodafone's global presence and established reputation in the telecommunications industry bring an added layer of trust to Chainlink's network. This boost in credibility is expected to attract a broader audience, including users, developers, and enterprises, fostering increased adoption of LINK – Chainlink's native token.
The Potential Impact on LINK Token Price
The collaboration with Vodafone introduces a compelling dynamic for LINK token holders. With Vodafone operating as a node on the Chainlink network, the demand for LINK tokens may witness a substantial increase. As Vodafone engages with various functions within the ecosystem, the heightened demand for LINK could positively impact its price dynamics, potentially paving the way for a retest of monthly highs above $18.
Looking Ahead: A Paradigm Shift in Blockchain Integration
Vodafone's bold venture into the blockchain realm through its partnership with Chainlink represents a paradigm shift in the integration of decentralized technologies into mainstream industries. As other enterprises observe the success of this collaboration, a chain reaction may unfold, further propelling the adoption of blockchain solutions and contributing to the ongoing evolution of the digital landscape.
In conclusion, NASDAQ:VOD strategic partnership with Chainlink not only solidifies its commitment to innovation but also marks a historic milestone in the convergence of traditional industries and cutting-edge blockchain technologies. As the collaboration unfolds, the potential for increased adoption, utility, and positive impacts on the LINK token's price dynamics positions Vodafone as a trailblazer in shaping the future of decentralized networks.
#IDEA LONG INTRADAY SETUPGreetings Folks,
today i have prepared a setup of IDEA on NSE
the analysis is as follows-
- the price has not made any good retracement so far
- the structure looks like it can move upwards by some margin
- use the BSL as resistance and trendline as dynamic support
dont play with fire, always use a predefined stoploss
#IDEA/VI LONG TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup of IDEA on NSE
the analysis is as follows
- the price is making bearish structures
- the price has made a temporary higher low, its not validated until the price breaks past the previous lower high
- the volume is minimal, the RR can be good but so is the risk associated with it
dont play with fire, always use a predefined stoploss
#IDEA TRADE IDEA SETUP MIDTERMGreetings Folks,
today i have prepared a setup of IDEA on NSE
the analysis as follows-
- the price is in a uptrend
- currently retracing in the structure denoted
- we will not change our bias until a good bearish structure is formed
- have marked 2 entries
dont play with fire, always use a predefined stoploss
Vodafone - Ascending triangle - what's next?The ascending triangle started to form at the start of the pandemic restrictions. Not fully formed yet, it is in a downtrend and therefore it's possible it will head lower. Wait and see. Fundamental factors are: cost of living, recession, a takeover/bid, inflation, interest rates (cost of capital) -
Lots to think about.