Vodafone Idea Share Price Highlights: Will the Telecom Giant Continue its Downward Trend?
Vodafone Idea Share Price Highlights: Vodafone Idea closed today at ₹7.95, down -1.24% from yesterday’s ₹8.05
In this live update, we’ll be tracking the performance of Vodafone Idea’s stock and providing you with the latest updates on its share price movement.
What’s Shaping the Market?
Vodafone Idea’s share price has been on a downward slide, with the company’s market capitalization standing at ₹57,471.39 crore. The 52-week high and low of the stock are ₹19.15 and ₹6.60, respectively.
Analyst Recommendation and Target Price
According to consensus analysts, Vodafone Idea’s current rating is Hold, with a median price target of ₹7.0, 13.04% lower than its current market price. The lowest and highest target price estimates among analyst estimates are ₹2.0 and ₹15.0, respectively.
Key Support and Resistance Levels
Here are the key support and resistance levels for Vodafone Idea on the daily timeframe:
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| 8.27 | 7.95 | ||
| 8.47 | 7.83 | ||
| 8.59 | 7.63 |
Volume Trading
Vodafone Idea’s trading volume yesterday was 20.74% lower than the 20-day average. The NSE volume was 289 mn, while the BSE volume was 30 mn.
Technical Trend Analysis
The technical trend suggests a bearish near-term outlook for Vodafone Idea’s stock. The stock has been trading in a downtrend, with a strong downtrend line forming.
What’s Next?
Will Vodafone Idea’s stock continue its downward trend? Will the company’s management take steps to turn things around? Stay tuned to this live update to find out the latest updates on Vodafone Idea’s share price movement.
Read More:
- Vodafone Idea’s Share Price Highlights: A Detailed Analysis
- Is Vodafone Idea’s Downward Trend Sustainable?
Disclaimer:
Please note that this live update is subject to change and is for informational purposes only. It is not a recommendation to buy or sell Vodafone Idea’s shares. Always consult with a financial advisor before making any investment decisions.
