Vodafone Idea - LONG
VI has bounced back up from the crucial support zone.
Screener Strategy
RSI -> Cross-up - 30
Stochastic %D -> Below 30
Stochastic %k -> Above %D
Volume >500k
Basically what this indicates is that the stock has gained upward momentum as the Stochastic oscillator has crossed and the stock is not within the RSI zone. The volume filter is kept to weed out any illiquid stocks.
My opinion is to go LONG
Screener Strategy
RSI -> Cross-up - 30
Stochastic %D -> Below 30
Stochastic %k -> Above %D
Volume >500k
Basically what this indicates is that the stock has gained upward momentum as the Stochastic oscillator has crossed and the stock is not within the RSI zone. The volume filter is kept to weed out any illiquid stocks.
My opinion is to go LONG
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