Vodafone Idea : View on penny stock

Alert! Bearish Pattern Spotted! 🐻

📊 Pattern: Broadening Pattern

📌 Symbol/Asset: IDEA

🔍 Description: Stock is making Broadening pattern and we can see resistance around 20-22 levels.

In history stock has corrected 50% from the rise so will this time we will see correction of 50% or more ??

23 is crucial resistance level and if stock not able to breakout then we might see good fall.

👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.