Short to Medium Term Investment Opportunity & Trading Opportunity for Positional Trader in Vodafone Idea (Re-branded as Vi). Explained with technical chart for MultiBagger returns
This Trade Set Up is based on Technical Charts and the chart is also Updated below for your kind reference. The trade set up is for short to medium term. The trade Set Up are selected based on high probabilities however money management is to be ensured.
Vodafone Idea Daily Chart First BreakOut at 4.10 levels & Second Breakout at 8.95 levels
Vodafone Idea is now expected to consolidate and will not be expected to come below 10 the down support is placed at 7.95 levels.
Vodafone Idea on Weekly chart is showing the breakout after a long consolidation & expected to move towards 200 day moving average which is placed at 29.35 levels.
Vodafone idea share price consolidated / accumulation zone since 10-11 months it can be noticed from the highest volumes with certain peaks in the volume and it has given breakout and positioned well above the Breakout levels which is the positive indication and the monthly chart is indicating minimum target levels of 40.
Our You Tube Channel Multiple Video Series on Vi – Vodafone Idea is updated why it is a turnaround story.
AGR Dues relaxation give lifeline to Vodafone Idea and now Vodafone Idea is now rebraned as Vi with slogan Together for Tommarow and now fund rising , agressive business strategy will take Vaodafone to newer highs and as a whole telecom sector re-rerating price hike is expected to boost the revenue for Vodafone Idea – Vi Together for Tommarow.
Please make a note that nifty and banknifty index futures weekly trend analysis / levels posted here is based on our studies and the knowledge we have on the markets. All the contents posted here are for educational purpose only and it is not a buy or sell recommendations.
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