My Technical Analysis Diary. . . . .Invest in stocks only after you have done your own Risk Management
IDEA celular in uptrend
IDEA has seen good buying support and there is a good trendline support in it. Currently it was forming the triangle with the resistance line as shown below. The resistance has been broken with good volume support as indicated in the following chart.
I am bullish on this counter and it has upside of about 10~15 Rs. In all cases the bottom trendline is very good to monitor.