Short Term Traders Must Avoid Vodafone Idea buy At 9+Cmp
Waiting For 2 Significant Decisions To Come
1-Government To Announce A Bailout Package & Banks Should Agree To Convert Debt Into Equity (After Approval of TRAI & Dot)-Positive For Idea
2–Idea May File Bankruptcy in December
Note-Idea Can’t File Bankruptcy On It’s Own, However If It Fails To Pay AGR Dues + Debenture Redemption Due in December -High Chances Of Bankruptcy Filing
Banks & Government Will Be The Biggest Sufferer As Per Checkpoint-2
Special Note:-There Are Rare Chances of New investor Entering Now ,As Who Will Invest To Pay AGR Dues & Debt Interest
I Am Still Positive In Idea As In Most Countries, Governments Do Step In To Save Businesses And Employment Especially Where There Is “No Fraud Or Malpractice That Led To The Collapse,”.