Buying demand has emerged from the 52-week EMA, which has historically acted as an incremental buying opportunity on multiple occasions (currently at Rs 2,430), which also confluences with the rising demand line joining lows since January 2021, it added.
Vodafone Idea approves Rs 20,000 cr fundraise plans in a fight for survival
Vodafone Idea’s board has approved raising up to Rs 20,000 crore through equity and debt to strengthen its financial position. The capital infusion aims to