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(Research Report on Idea stock) Based on the analysis, Idea’s current market price (CMP) is Rs. 7.50. The share price has closed near its 200-day Simple Moving Average (SMA), indicating a potential support level. Over the past 10 weeks, the stock has been trading within an upward channel and has been maintaining levels around 7. …
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Over the past month, the Nifty spot has witnessed a significant consolidation period characterized by a narrowing range of price movements. During this period, the Nifty has predominantly traded within an upward channel, indicating a relatively bullish sentiment. In contrast, other major indexes like Bank Nifty and Nifty IT have experienced a downward trend, reflecting …
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Nifty 50 indexes continuous trading in upside zone. Current trading above all of their important EMA averages. One of the major Strengths indicator RSI also showing strength in buy-side continues. Nifty 50 downside support zone near 10600-10540 or in upper side Resistance zone near 10840-10920, Traders should try to buy in dip strategy. In near …
