NeeteshJain

IDEA - CONSOLIDATION BREAKOUT

Long
NeeteshJain Aggiornato   
BSE:IDEA   VODAFONE IDEA LIMITED
11
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
Trade attivo
Trade attivo:
Idea in news for expanding 4G network in 30 new towns within India. Regards
Commento:
Stoploss Changed to 108
Trade attivo
Commento:
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,
Commento:
Updated Chart with new stop loss,


Stoploss: 106

Regards
Trade chiuso: stop raggiunto
Commento:
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
Commento:
It did come back strongly and continuous to trend up. Regards
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