IDEA trade ideas
Vodafone Idea - LongVodafone Idea CMP - 12
Looking bullish in higher time frame. One can go for Short / Long Term Trade setup with the following entry, exit & targets.
Buy Range 10 - 12 / Stop Loss 8.50
Target 1 - 17
Target 2 - 20
Target 3 - 26
Disclaimer: This is my view and for educational purpose only.
rounding bottom formationprice is forming rounding bottom, bulls have been better seeing volumes while forming round bottom, price has broken neckline of rounding bottom with volume, so either price may form cup or it may retrace little bit, currently price is bullish and move 10-20 % up,
Note- PE Ratio is above 28 right now which is reversal(for correction) sign so put few percentage of your capital which you want to deploy on this stock.