Vodafone Idea ke shares teen lagataar sessions mein giravat dekh chuke hain, Tuesday ko ₹10.15 ke intra-day low tak pahunch gaye. Yeh recent peak ₹12.80 (December 31, 2025 ko record hua tha) se lagbhag 21% ki kami hai. Stock ab apne short-term moving averages ko bhi cross kar chuka hai, jismein 20-day moving average ₹11.40 aur 50-day moving average ₹10.92 par hai.
Technical Outlook aur Analyst View
Bonanza ke Technical Analyst Drumil Vithlani ka anumaan hai ki Vodafone Idea stock ke liye ₹9.80 aur ₹9.60 ke beech immediate support rahega. Yeh zone demand area mana ja raha hai, jo short-term exponential moving average clusters aur recent consolidation lows ke saath match karta hai. Deeper structural support ₹9.00 ke paas nazar aa raha hai, jo 200-day moving average aur pehle ke breakout levels ke saath milta hai, jisse long-term buying interest ka pata chalta hai.
Vithlani ka kehna hai ki Relative Strength Index (RSI) overbought levels se theek ho raha hai, jo trend reversal ke bajaye consolidation phase ko indicate karta hai. Halanki, woh investors ko recent swing highs ke aas paas ₹10.80 se ₹11.00 ke beech resistance ke liye savdhan karte hain. ₹12.00 – ₹12.30 par ek significant overhead supply hai, jo pehle ke distribution aur rejection zones se related hai. Jab tak stock ₹9.60 ke upar hai, tab tak broader uptrend continue hone ki ummeed hai; agar is level ke neeche decisively break karta hai to momentum kamzor ho sakta hai.
AGR Dues Relief aur Market Positioning
Is correction se pehle, Vodafone Idea stock ne char mahino mein lagbhag 97% ki tezi dikhai thi, jiska bada karan Adjusted Gross Revenue (AGR) dues par relief milne ki ummeed thi. Department of Telecommunications (DoT) ne iss mahine AGR payments par 10 saal ka deferral diya hai. Naye terms ke tahat, Vodafone Idea ko March 2026 se shuru hone wale chhah saalon tak har saal ₹124 crore tak ka bhugtan karna hoga, uske baad March 2032 se agle char saalon tak ₹100 crore har saal. Company ke pending AGR dues December 2025 tak ₹87,695 crore par freeze the.
Motilal Oswal Financial Services ke analysts AGR relief ko ek positive development mante hain. Phir bhi, unka kehna hai ki Vodafone Idea poori tarah financial peril se bahar nahi hai. Brokerage firm ne January update mein ₹11 per share ke unchanged target price ke saath 'Neutral' rating reiterate ki hai, jo stock ke immediate prospects par ek cautious stance dikhata hai.