Vodafone Idea- 13.6 - Breakout with Volumes.

16 Oca 2021

Vodafone Idea- It has formed cup and handle pattern on 15.12.20. The same was published in this forum. Given in the link given below. Yesterday it has cleared one year resistance and made a new yearly closing high of 13.6 with huge volumes. This is an indication of breakout with formation of longs. This rally can take Idea to 15, 17.15, 20 in short term to medium term. In short term it can go to 15, 17 one to two months. In medium term 3 to 6 moths 20, with a sl of 10. This is purely for educational purpose.