Vodafone Idea stock sees twin breakout, chart hints at 13% upside potential

Vodafone Idea stock has witnessed a twin breakout with the stock seen trading above the super trend line hurdle and the higher-end of the Bollinger Bands on the daily chart.

Shares of Vodafone Idea have been in limelight in recent trading sessions, with the stock up over 19 per cent in the last six days, from levels of ₹6.33 on June 19 to a high of ₹7.55 today, June 27.  In the process, the stock has witnessed a twin breakout on the daily scale. The stock crossed the super trend line hurdle, and is now seen trading above the higher-end of the Bollinger Bands.  Technically, the short-term bias for the stock is likely to remain favourable as long as the stock holds above the ₹7.35 -