#IDEA VodafoneIdea : Analysis done on Weekly Timeframe Used Line Chart To get some clarity about the trend : Cmp : 10.35 , It has formed double bottom near 8 after strong sideways consolidation and since last couple of days it has started moving up, This entire formation again goes weak and sideways and bullish momentum gets killed again if it gives weekly close below 7.50—8 levels, As long as this levels is holding there is a very good chance that in coming weeks it can give conservative up move towards 20.15—30.65 levels & Aggressive up move towards 47.70 levels and once it reach to conservative or aggressive levels we can again review the stock by seeing the nature of its up move and charting pattern that this entire move is impulsive move in 5 waves or its just another corrective dead cat bounce and due to secular bull market move it has moved and again it moves down towards life time low, Currently for short term to medium term my bias remains bullish in the stock till its trading above 7.50—8.🤞
*(Buy & hold with sl 8 --->trg 20/30/40)*