Trade ideas
IDEA - Buy the Rumor Sell the News :)Looks like we need to refuel before we make the next leg up . Possibly bloody Monday before continuation from 5.80 levels just to shake off the weak hands .
Idea denied any talks with Google which "warranty " disclosure so my guess is just a chat over drinks at present .
Luckily managed to Sell the news and buy back lower still aiming for 8.75 short term and plan to add IF it does reach 5.80.
Long term swing positions should just chill and buy the dips.
15-18 is still my final target before leaving a moon bag for 2022.
One of the easiest shorts in a long time with played out the level to the T .
#Idea Moon time!!I still don't trade #indianstocks but as subs ask I do chart for them, if you want me to chart any stock for you let me know in comments.
descending triangle broken with good volume & retest held nicely, there is huge fair value gap above us & it is going to go & fill that gap.
I can't give you proper Risk vs Reward setup on this one but if you are an investor time to BUY!!!
IDEA -GOOGLE possibly more to join $$$ 6.90-7.20
8.75 -9.35
15.25 - 18.50 is where i expect some decent pull back along with it being near the long term downtrend line and our lovely 200DAY on the weekly.
Long term this baby can reach 77 where i'd probably unload my moon bag.
Google investment ,5G Potential for Indian economy in the next 10 years should be enough to get the FOMO mode activated.
Remember to keep raising your stop loss and pay yourself along the way .
BUY THE RUMOUR SELL THE NEWS !
In this instance an IDEA can literally change your life so please do save some moon bags for the long term.
Keep Raising Stops once in profit !
Vodafone Idea break out resistance 4.50at 4.50 there was a resistance. it seems tome it has broken out the resistance.
Idea seems a uptrend for coming daysAs we see the pattern crosses the resistance line and goes in an upward direction
short position in voda-ideaThere seems to be a situation coming in few days to take a short position on vodafone-idea, where the price will come down to fill the previous gap. Hence price will come down from 6.15 to 4.85-4-5 levels soo.
please, do your own analysis before taking any trade.
IDEA - Trading Stock if price close above 7 for target of 12, IDEA - Trading Stock if price close above 7 for target of 12, short below 6.5
CAN THE VODAFONE GO ABOVE THE TREND LINE AND REACH 11.8 ??REMEMBER 2 THINGS
1) VODAFONE-IDEA is on a down-hill path , Hence shorting is the rule....( but Mac-D is showing divergence!!!)
2)11.8 is a big resistance area - in-case it reaches 11.8 , better to short.....
Shorting Idea vodafone - Swing tradeShorting Idea around 30.2, with sl 30.50 for probable target of 28.50 , 27.50.
Its below key fibo level of 30.20, excellent risk to reward ratio.
Idea Swing Bet - HP TradeLong with aforesaid risk management. If you're hard stop loss guy, avoid this trade. It is likely to consolidate on this level.
Idea might be in for some more pain.Idea might be good to go for a small bounce before continuing the downtrend which looks like an WXY on the larger time frames(W,M). The Ascending broadening wedge on the medium time frames which could also be an ABCDE correction in 4rth up of C of Y , broke down nicely. IMO,We're doing 2 of 5 of C of Y down. After that I expect a break out of that descending broadening wedge in C of Y , we've been making since June'18. My initial targets after that potential break are INR 48-67 . I'll start laddering out in this range. But before that , We could go down to complete 5th of C of Y down which might take us to INR 22-25 region , aligns perfectly with the Fib extensions, aiming for weak wave extension for this 5th of C of Y down. RSI is also giving a hidden bearish divergence which confirms this down move for a potential 5(look at the chart below) . Would be an awesome place to ladder in.
A break above E of ABCDE would invalidate this count.
There's another possible chart pattern in the C of Y down i.e descending wedge taking C wave as a complete wegde. The targets would then be be different (INR 70-120) but that would take some serious buy pressure and even some patience.
This is not an investment advice and just my opinion of whats going on. DYOR, Make your own decisions, trade carefully .
Thank you.
