Vodafone idea is the most trending stocks when comes to trading, because of small prices and movement.
Here, I have done some analysis of it and where you can find its trend.
1. Trend Understanding
- Vodafone idea was consolidating and then give the breakdown from rising channel or bearish flag.
- Then it had made a low of 9.68 and pull back to re-testing trendline.
- So, it is on trendline retesting and not going up.
2. Bearish Strategy
- So, what's now?? We should check if it will go down from here and again touch 9.68, then it will formed a head and shoulders pattern with neckline level 9.68.
- When it breaks 9.68 we can sell it for the target of 8.45.
3. Bullish Strategy
- Now, to see upside, we have to wait when it will breaks it high of 12.80.
- Once, it will breaks and sustain above 12.80, we will see target of 14.85 and more.
So, untill it can be sideways and consolidation in range of 12.80 and 9.68.
Here, I have done some analysis of it and where you can find its trend.
1. Trend Understanding
- Vodafone idea was consolidating and then give the breakdown from rising channel or bearish flag.
- Then it had made a low of 9.68 and pull back to re-testing trendline.
- So, it is on trendline retesting and not going up.
2. Bearish Strategy
- So, what's now?? We should check if it will go down from here and again touch 9.68, then it will formed a head and shoulders pattern with neckline level 9.68.
- When it breaks 9.68 we can sell it for the target of 8.45.
3. Bullish Strategy
- Now, to see upside, we have to wait when it will breaks it high of 12.80.
- Once, it will breaks and sustain above 12.80, we will see target of 14.85 and more.
So, untill it can be sideways and consolidation in range of 12.80 and 9.68.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.