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Vodafone Idea Ltd (IDEA)
Likely target: Rs 21 and Rs 23 (after crossing Rs 17)
Upside potential: 23% and 35%
Despite today's sharp intraday fall, the bigger picture for the shares of Vodafone Idea indicates a robust bullish bias. The breakout above Rs 14 has seen increased interest of market participants for a long term investment. This move would see additions above the next hurdle of Rs 17. When this happens, the momentum may see the stock rally towards Rs 21 and Rs 23 as an immediate range. The support for the stock comes at Rs 9 and Rs
Likely target: Rs 21 and Rs 23 (after crossing Rs 17)
Upside potential: 23% and 35%
Despite today's sharp intraday fall, the bigger picture for the shares of Vodafone Idea indicates a robust bullish bias. The breakout above Rs 14 has seen increased interest of market participants for a long term investment. This move would see additions above the next hurdle of Rs 17. When this happens, the momentum may see the stock rally towards Rs 21 and Rs 23 as an immediate range. The support for the stock comes at Rs 9 and Rs
