Idea: Is it a good idea to invest in Idea???

Idea
CMP 9

The quarterly results have reflected a huge loss to the tune of 25K Cr loss...
But most of the component of loss were for known reasons.

On charts the stock has support AT 7.8-6.6 levels

Above the red line the stock may signal a breakout...

Keep a close eye.. Consider buying on dips or if you observe a breakout above the red line

Disclosure: This stock has been recommended earlier at when the price was around Rs 4 in the month of January.

Vodafone Idea: This ain't a stock for the faint-hearted...!!!



Take care & safe trading...!!!

Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be



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