I feel that all the three telecom biggies - Bharti, RComm and Idea may be accumulated at the current levels, may be even for a short term also....

The way Idea has been moving, it may well be available below 50s and one should start accumulating in small quantities, and be assured will getting profits not only in medium to long term but also in short term....

Hi, I would like to know a general comment from ur side on two things mentioned below. It may or may not happen but like to know others views. 1) Telecom Sector A rediculous things are happening in telecom sector and its unnecessarily going down n down. Though there are lot of negative impacts are there for telecom companies in terms of profits margin there is no point in going down to this much bottom and experts say we need to sell the stocks. But i would say, we shiuld make utilise this oppurtunity and accumulate the stocks coz iam sure these stocks will boom once senssex starts recover without point. And my pick is Idea Cellular... Whats ur view on this sector and Idea as well...? 2) Market on Tuesday!!! I beleive if Market could have been a working hour on Monday (tomorrow), we will see an gap down opening and a chance of 5% make the market to recover in late noon session since it has been corrected a lot in past or a minimum of 300pts down in sensex. But lets say if US markets outperformed on Monday and closes well in green, then whats ur call for sensex on tuesday (having friday closing in US market in mind).. Thanks in advance... ...

All telecom shares are taking beating coz of second billing scheme ,it will not reach 70 in near future ,it will be around 55-62 band for another 3 months till the confusion of this scheme is over...

Pusalkar: I hope so. But the way it`s going down, i am not sure when this will cross 80. small investors are taken for a ride.. Ravieria...

Where is this correction leading to. Is it heading to 90 as some are saying. If so, will buy more below 100....

next leg of upmove belongs to telicom sector and idea will be front runner ...

That`s why do not listen to CNBC and NDTV Profit or for that matter any analyst. Do self study. I am of opinion we should buy if it falls below 50, it has got good resistance at 50. If one waits for 1 or 2 months it can touch 60/65 level easily. Management is good & all bad news are factored in all telecom stocks. I donot foresee more downtrend....

Once again, do not trust analysts. When TATA MOTORS was at 135, all analysts were saying SELL with a target of 70. Same is the case for Tata Steel, Hindalco.

Do your own analysis and decide. IPO price was 75, you are getting it at discounted price. Days are not good for telecom but player like Idea will come out of these ad days. Management is strong, they will come up with innovative ideas and survive. I will keep on accumulating on every decline....

Excellent company to have it in the portfolio. I am holding it since last 8+ years, good dividend paying company. Management is good, products have good demand. I am just wondering why it is not coming up with bonus issue, hope to get it soon....

I read that analysts have downgraded IDEA with target 43. I do not believe analysts reports, remember when Hindalco was at 80s level analysts were saying target of 45/50. Today Hindalco is above 125.

Days are not good for telecom sector, but if promotors are good investor should not worry much. In fact drop in share price should be used to accumulate shares. I donot think Idea will drop to 43 level. If it drops to that level,I will take it as an opportunity to accumulate....

Absolutely right. One should be buyer when there is a panic situation. Accumulate Idea for long term, it will surely give you good returns. I think it will consolidate at 54 level & bounce back to 62/65 level and then 70 level....

You are holding only 50 shares, if it comes to 54 level you can buy more to bring down the average. Idea is a good company & should be good to hold it from long term perspective. If you ask what is the bottom it will reach, then even analysts will not be able to tell you the correct bottom level....

Stok is moving nicely since last few sessions. Even volume is good, any good news like bonus/buy back is expected?...

Read today`s Business Standard article. Yesterday AGM was held & seems Aditya Birla is going to increase stake in the company. It shows high confidence for coming years. Hindalco is a great company and if you are not in need of urgent money, do not sell. Hold for long term, it will give decent returns. You may see some correction in coming days but donot panic. Such corrections are always healthy....

Pls ignore rating agencies. Use your own judgement, TISCO is 100+ years old company, excellent management. Good track record, good dividend paying company. Look at the fundamentals & think about long term(at least 1 year horizon). Start buying in small lots at this level. Instead of buying TISCO shares buy TATA Steel CCPS which will be converted into equity shares on 01st Sep09. If you buy CCPs before 31st March09, u will also get Rs. 2 interest per CCP. So if you buy CCP for Rs. 24, your effective price per CCP will be 22. Considering the conversion ratio effective price of TISCO share will be 22*6=132. Think of a company having solid fundamentals, good management, global presence, having Rs.10 face value,available at dirt cheap price of 132. Donot get confused by negative messages....keep accumulating....