Nikunj_Bangad

IDEA to go down

Short
Nikunj_Bangad Updated   
NSE:IDEA   VODAFONE IDEA LTD
Idea is giving us multiple negative divergence, and surely it will go down. Once IDEA breaks the confirmation trend line, you can short your shares for good profits. Keep watching IDEA for next few hours, or days.
Comment:
After watching the charts of IDEA, the RSI level has crossed it's peak trend line(line shown on RSI in image) and IDEA wasn't able to confirm its shorting by breaking below trend line. But as you can see the charts, it has broke the above trend line and RSI has crossed the line. It shows the buying of stock, you can buy the stock at the first minute of tomorrow's trade.
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