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VODAFONE IDEA LIMITED
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IDEA - CONSOLIDATION BREAKOUT

Por NeeteshJain
Atualizado
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 ativo
Trade ativo
Idea in news for expanding 4G network in 30 new towns within India. Regards
Nota
Stoploss Changed to 108
Trade ativo
Nota
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,
Nota
Updated Chart with new stop loss,

snapshot

Stoploss: 106

Regards
Trade fechado: stop atingido
Nota
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
Nota
It did come back strongly and continuous to trend up. Regards
NeeteshJain

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