Vodafone Idea

[Rahul2902]

I entered in Vodafone 3 months ago at Rs 13 and thereafter I average it out at Rs 11.00. currently, it is trading at Rs 8.30. My holding is 1000 quantity and I am in good loss.

I know they are talking about raising funds and also they are gonna raise the price of the plans in coming time

Please suggest me whether this stock would go up in future.. Can it go around Rs 12 or Rs 13..??

 

[ram2010]

current loss is around 3000 rs only- exit-

Poor signal- No towers- Sooner or later they will close their business-

 

[Rahul2902]

They had decided to become an IT company. What do you have to say about it..??

 

[ram2010]

A coconut tree cannot produce mangoes- quit - waste of time

 

[vishal_k04]

@Rahul2902 what was your perspective when you entered in it? what was your fundamental approach? looking at the charts, its already trading below 200 DEMA, but has good support around 7.5. I'm not saying you have to wait, its all up to you but since you're already in loss, either wait for some time or convert your position in some good liquid stocks.