IDEA trade ideas
IDEA may Have Prepared For Breakout.NSE:IDEA
IDEA may have been prepared for breakout for level of 13.5.
See the area marked with circle near the level of 8.8 where we can clearly see volume diminishing. After diminishing supply we are now seeing efforts to push the stock further up.
Stock still need to breakout the level of 13.5 to show clear up trend. But risk takers can start considering this counter for short or long term investment at current level of 10.35 as well.
Idea currently have a support of Rs.7/-
Thanks!!!
|| Hari Om ||
Bullish View on IdeaReason of Stock Upside Movement.
Stock has broken the Strong resistance line with good volume .
On Daily Stock Has Given a Positive Breakout along with good Volume Cluster.
Momentum indicators are given a positive crossover.
All the above structure indicates that it might witness the level of 13 & 13.5 with support of 9.5.
On weekly close above 13.5 It will start a New Lag of Rally.
Vi BreakoutSupport Area tested successfully, Trend change from HL &LL to L & HH. Consolidation phase Breakout done
50% profit target opportunity !!!VODAPHONE AND IDEA is at long term resistance if it breaks then it has 50% of profit target in upcoming week or months
an accumulation at bottom is a structure which proof that there is a fight for position in a narrow range its breakout and quaterly results will be keenly observed.
IDEA about IDEA | Positional setupA good positional trade above the green line and breaking of trendline + break of 50 dema :)
Happy trading :)
Day closing basis trade it is ...
What an !dea sir g#IDEA
1D
Bounce from demand zone
Short term trendline BREAKS
Buy when retest or according to scenario
Target 10.10/11.20/12.20/13.40+ can be seen in 2-3 months
Exit if close below the demand zone
#Chartview
#Positional
{Trade According to your system}
VODAFONE IDEA WAITING FOR BREAK OUT(1)Price may break out of triangular pattern
(2)There is MACD cross over and MACD pattern (daily and weekly) also shows the same.
(3)Selling Volume is decreasing
Vodafone idea going for supportVodafone idea next target and support. Result day is coming of idea voda the level and target are mention on the chart
WXY correction After long bear market this stock is making wxy correction with chart pattern in its x wave. 100% projection of wave y is at 18 since it is rising from bottom it can go higher than 100% projection upto 161.8% projection at 24 inside potential green parallel channel.
triangle and stocksprice is making sideway correction and this correction has made triangle chart pattern,
triangle is now in its final wave E which led to thrust movement.
RSI is near the oversold reading
support
lower white trend line of triangle
target
projection at 18
