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Idea Cellular

Accumulate from 115 to 105 Stop Loss 98 Target 150 plus



Analysis:- According to our analysis in upcoming period we have positive view on Idea Cellular, After all time high prices shown negative trend to the down side 125 but the weaker trend will halt and in coming period we can see new positive trend with new upside level of 150.

    In upcoming period we can see buying opportunity from the level 105-115 and we advice to Accumulate Idea Cellular from 105 to 115 levels with stop loss of 98 and the upside target of 150.
    
  1. At 38.2%    retracement -  150
  2. At 50.0%    retracement -  155
  3. At 61.8%    retracement -  165
  4. At 78.6%    retracement -  175


(11.02.20.14)

 


Idea Cellular( Monthly Semi Log Chart)



























Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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