VODAFONE IDEA - Trend Reversal.Positive Trend starts Post Sep 19
This analysis is done based on technical characteristics of chart and No fundamental points considered.
Vodafone Idea has fallen for quite sometime and it is time for retracement of previous fallen levels. 50% retracement expected from current level
Target 1 marked in the chart. If Vodafone Idea falls post between 23rd Sep and 23rd Nov, 2019 , then trigger the stop loss.
Further fall is expected till 23rd sep, 2019, so wait till 23rd Sep to buy below current level.
Target 2: 39
Target 2 Date : 15th Nov 2021.
Vodafone Idea has fallen for quite sometime and it is time for retracement of previous fallen levels. 50% retracement expected from current level
Target 1 marked in the chart. If Vodafone Idea falls post between 23rd Sep and 23rd Nov, 2019 , then trigger the stop loss.
Further fall is expected till 23rd sep, 2019, so wait till 23rd Sep to buy below current level.
Target 2: 39
Target 2 Date : 15th Nov 2021.