IDEA - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 2.8

Here’s a detailed intraday analysis for Vodafone Idea Ltd (IDEA) based on current technical indicators, price action, and volume behavior

📊 Intraday Trade Assessment

✅ Positives

MACD Slightly Positive (0.04): Indicates neutral-to-mild bullish momentum.

Volume Strength: Massive volume (33.2 Cr), showing active participation.

Price Near Support Zone: Hovering near ₹6.55–₹6.90, which has historically acted as a base

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Short-Term Targets: If bullish sentiment holds, price could reach ₹7.80–₹7.87 in the coming days

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⚠️ Negatives

No P/E, Negative EPS (-₹3.84): Indicates ongoing losses.

Book Value Negative (-₹9.85): Financial distress.

ROCE (-1.87%) & ROE Missing: Poor capital efficiency.

FII & DII Selling: FII (-4.12%) and DII (-0.76%) holdings have declined.

Price Below 200 DMA (₹8.35): Still in a long-term downtrend.

Recent PAT Losses: ₹7,166 Cr loss this quarter.

🛒 Optimal Buy Price for Intraday

Buy Zone: ₹6.55–₹6.70 Entry only if price stabilizes above ₹6.70 with bullish candlestick and volume surge.

🎯 Exit Levels

Scenario Price Level (₹) Strategy

Profit Booking ₹7.10–₹7.20 Resistance zone from recent highs

Aggressive Target ₹7.30–₹7.50 If momentum improves during session

Stop Loss ₹6.45 Below intraday support zone

📈 If You Already Hold the Stock Today

Exit on Weakness: If price drops below ₹6.55 and MACD turns negative.

Exit on Spike: If price hits ₹7.20–₹7.50 with RSI > 50 and volume surge.

Hold Only If: Price sustains above ₹6.90 with improving MACD and RSI crossing 50.

🔍 Final Verdict

IDEA is not a strong intraday candidate due to weak fundamentals and limited upside. It may offer speculative opportunities on volume spikes, but risk is high and gains are capped.

Would you like a scan of other telecom stocks with stronger technicals like BHARTIARTL or TATACOMM?

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bing.com

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dailybulls.in

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