Long Idea Cellular for 10 % target at 107 stop at 2.5 % Price95hey guys Idea Cellular failed 20 % but in intraday we could buy it for 10 % target
IDEA trade ideas
Naked Puts with 38 DTE on IDEAUptrend has sustained and reached Aug levels.
Nice recovery from demonitization.
Positive outlook despite Jio.
IDEA>>>> IDEA WHICH IS YOUR BEST IDEA...IDEA OPENED WITH A GREEN GAP AND LEAPT TO 119.....IT KEPT CONSOLIDATING AND OPENED WITH A RED GAP BUT RETRACED THE JUMP TO JUST 0.70 PAISA. NOW IS IDEA GOING TO COVER THE 70 PAISA IN THE NORTH OR is 78.25 waiting????
IDEA Correction Potentially Over.. Buying Opportunity!!IDEA has been correcting since a long time and it looks like the correction is Potentially Over.. I am taking an Early Action on it with a small stoploss around 63 levels and Targets around 120. There is Bullish MACD Divergence on the chart and the last candle is bullish one to give some support for the prediction.
Happy Trading!!
If short Idea Hold for target of 66 with SL of 81 on closing Hi all,
Found another sell set-up in Idea yesterday, however, couldn't post on time.
Set-up has been confirmed today with RSI pointing downward and stochastic crossover on downside with downward trending trend-line amidst bad numbers and all MA trending down.
If you already are short in Idea, I would recommend hold with SL of 80 and target of 66 on closing basis.
Thanks.
IDEA can see lower levels...NSE:IDEA IDEA has broken support levels around 103 after moving sideways for a while. Telcos are under clear pressure with imminent launch of Reliance JIO and over the next few quarters, pressure on CAPEX and ARPU is going to be significant.
Technically it is in bearish trend both on weekly and daily charts. MACD has turned bearish and Price has failed to break thru Ichimoku resistance cloud.
First target for idea is : 95 And if 95 levels are broken with significant momentum one can expect to see 70 levels over next few quarters. Stop loss for traders is 106.75
IDEA - can go LONG - expected target price 110 duration 14 daysRSI says in good scope of BULL Direction
MACD says good to BUY
100 as virtual support price.
IDEA - Connecting DOJI Signals a BUY DOJI formation at the previous support signals a buy for now.
Target 1: 104.50
SL: 97.70
Risk Reward= 1:4
Idea Cellular Ltd - Complete U-turn - 6/3/2016How much an idea is worth ? ;) pardon the pun but that's the questions everybody is asking recently. In the beginning of 2013, Idea Cellular Ltd stock was trading around 100 and now after 3 years and trip to 200, it is back where it started. It is tempting to get long at these levels technically and people who saw it first has already done that ! And well, already took profit at next resistance level at 130.
Technically, 130 is looking too tough to crack right now if you are long, because there is always going to be that headline risk when major equity holders are selling. While one need to be skeptical because they might have much more information than we do !
We like to buy when people are selling but not at any price. 100 is obviously a good support but we are looking much deeper near 70 / 80. We will be closely watching Idea Cellular over coming sessions and trade it with long bias to get the average down with combination of options strategies.
