IDEA trade ideas
Voda Idea : Vey Strongly Buy. Rounding Bottom and Inverse Head..Voda-idea share price has made rounding bottom and inverse head and shoulder pattern.
When you study Rounding bottom pattern, it is said it is best if it has head and shoulder pattern inside. This is happening in this stock price chart.
STOCKMAN IDEA View:
Position : Strong Buy
Stop Loss : 9
Target : 18
CMP: 12.4
Vodafone Idea getting ready for a ride. Don't MissThe most under rated stock is now on its dream run, get ready for the big rally. As per my analysis Its now trading inside the triangle pattern so a breakout to the upside can give target of TP1 - 14.45 TP2 - 18 and TP3 - 23 keep stoploss under 9 as it is the bottom of the flag pattern. Good luck and enjoy the ride any bad news for the stock can ruin the rally but it's less expected keep stoploss and ride.