Looks like the correction is over for
IDEA
.
The is reacting to a strong Support level, around ₹8.
We could also clearly see repeated buying at this level.
For nearly a month, the price is trading around this area, but cannot break it down.
Now we see a small price consolidation popping up.
if the price breaks out of this consolidation, we can expect the price to go up.
IDEA
. The is reacting to a strong Support level, around ₹8.
We could also clearly see repeated buying at this level.
For nearly a month, the price is trading around this area, but cannot break it down.
Now we see a small price consolidation popping up.
if the price breaks out of this consolidation, we can expect the price to go up.