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Idea Cellular

BSE: 532822 | NSE: IDEA | ISIN: INE669E01016 | SECTOR: TELECOMMUNICATIONS - SERVICE


Accumulate Idea Cellular for investment @CMP 135, stop of 119 target 175 plus

Analysis: In upcoming period we have bullish view on Idea Cellular ltd. We see on daily basis prices are making a cup & handle pattern. We are expecting from level of 141 price will show bullish rally to upside levels and above 150 levels we can see heavy volume breakout of cup & handle pattern, from past periods prices are closing above 55 days moving average. On Monthly Basis prices made Bullish Harami candle pattern, its good indication for bullish trend in Idea Cellular.

We advices to accumulate Idea Cellular for investment at current market price of 135 with upside target of 175 & 119 will be a stop loss for this trade. 

52 weeks High:188
52 Weeks Low :101


{27.05.2014}


Idea Cellular (Daily Chart)



























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