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Rakesh Madhav CFA

12th Dec · SEBI-Registered Analyst

📱 VODAFONE IDEA (IDEA) – Fresh Breakout & Strong Volume Support

IDEA
continues its clean breakout trend, supported by heavy delivery volumes and improving price structure. 📈 Technical Highlights Breakout above ₹10.85 looks sustained with strong volume. Price now trading near ₹11.60+, with good follow-through. EMA 9 rising consistently — confirming trend acceleration. RSI at ~70 signals strong bullish momentum, still not overheated. 📌 Trend View As long as the price holds above ₹10.80, trend remains strongly bullish. Next resistance zone: ₹12.50 → ₹13.20. Delivery volumes indicate long accumulation, not speculative spikes.

#TrendingSectors#SectorBreakouts#TechnicalViews#EquityResearch
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