buy with short term TGT 55
Posted by :
a2k2bugbuy with short term TGT 55...
headed upwards
Posted by :
VarnerSeems to be buy at cmp. is available at 33% discount from its IPO issue price. will at least reach its ipo issue price quite early....
Big Game is Being Played in Telecom Stocks
Posted by :
skp69in
sir
i ve bought one lot of idea at 74.5 for this moth furute...kuch recovery aayegi kya...as i am facing huge loss i can wait for few more months toooo...
Big Game is Being Played in Telecom Stocks
Posted by :
skp69ini ve taken one lot @ 74.20...wht shud be my strategy for this..iam facing presently big loss of nearly 60000.....i can wait for few more months...
headed upwards
Posted by :
wifeidea can go up to 70 levels 100 may be far fetched at the present moment. Fundamentally telecom companies are going through a rough patch no doubt, but technically bharti and idea should go up from here....
Target 70
Posted by :
pawanhargunani
sir on one side u r saying market can go down from here and on the other side u saying buy rcomm and idea. If markets r bound to go down then rcomm and idea will also go down bcoz they r most vulnerable stocks r no-a-days.
BTW sir what r ur views about nifty...
Target 100 soooooon....
Posted by :
atul30
Idea had good accumulation in cash market today i.e. 09/11 and closed above previous closing when all other telecom stocks fell by over 2-4% including Bharti and RCOM.There was only intraday marginal fall in prices of IDEA looking at weak trend in Bharti & RCOM but later it consolidated with good volumes. Even the F&O buildup in Idea was another 10% on the longside today with closing price on plus side. It appears that once the media attack (probably on cue from some vested interests) on telecom stocks dies down, these stocks should only take Sensex and Nifty to greater heights since there is no other sector or stock left to do so. Even TRAI has announced today that it is going to have a favourable review of overall tariff and cost structure including taxes & fees of over 31% on telecom sector. Sunil Mittal has also strongly attacked the newcomers for distorting the tariff structure saying that Bharti has no option but to beat the competition, even though it may throw new entrants off gear.All these developments should hold telecom stocks in good spirits in coming times.
Strongly suggest buy and hold IDEA in 49-50 range for an upside of atleast 15-20% from current levels, considering the extra hit taken by IDEA as compared to other telecom stocks in recent price war....
Target 100 soooooon....
Posted by :
tuspraGopinath you should be clear about one thing.If we consider short term like less than 1&1/2 to 3 years whole stock market moment depends on various news factors and how people pursue such news. because human psychology counts more in short term . No analyst or mutual fund manager is above market. so OI changes according to news. You are not alone missing but all so called analysts will miss. So concentrate more on fundamentals and valuation not on technicals that to on day today basis. ...
Big Game is Being Played in Telecom Stocks
Posted by :
Gopinathcog1
Hei samir, welcome to Idea community, Iam seeing you for the first time...
Shall i tell you one reason for the telecom stock to surge like anything even if they give poor Qrtly results, its simple like "Results are above Analysts/Market" expectations... Telecom stocks will comeup like anything and these kind of message float across teh screens, but the real fact is, Big B will accumulate the stocks at very very cheaper price thatsit..
As people are talking about the price of IPO and current price, its very much cheap and you should see the fundamental of this company and go for the decission.
Is this IDEA not an worthy to buy at 50 levels, defently YES. Even its YES for Bharti and RCOM as well....
Happy Investing......
Big Game is Being Played in Telecom Stocks
Posted by :
Gopinathcog1
For no matter, the sector stock price gone down... For no matter everything will pick up soon... I wonder how SPICE alone moving that much fast.. its only a promoter driven stock.. who is getting benefitted....
Anyways, anybody knows about Idea Infratell demerger...?...
Big Game is Being Played in Telecom Stocks
Posted by :
Varner
I think at A discount of 33% over its IPO issue price Idea looks to be at a reasinably good price for accumulation, but still no clear picture about the telecom sector makes one scarry about this sector.
But should be a buy.... ...
Big Game is Being Played in Telecom Stocks
Posted by :
samirarora
Q3 results are expected to be extremely bad.... if one must get into the telecom sector, i would think a good time to buy would be in jan feb, before the results are announced, as that time, market will be expecting the worst and hence tele stock prices will be very subdued.
Further, since telecom stocks are expected to underperform atleast for the next few quarters, there is no hurry to get into them at this time, and in fact, one should at this stage move into another sector that is performing, or else will find that he/she had capital tied in a stock for a year and not only did the capital did not appreciate.. instead, its probabaly showing a loss..
Careful- Friday idea went lower on huge volumes, there is liquidation going on.
Best wishes,
samir.
PS- there might be some relief rallies in tele stocks,but those should be used to liquidate and not to accumulate.. but as usual, public is going to do exactly the opposite :-)...
Big Game is Being Played in Telecom Stocks
Posted by :
ar_akmHi ambarsaria, which will be your preference out of R com, Bharti Airtel, Idea keeping in view prevailing and will as future circumstance in this sector?...
Untold Story
Posted by :
ambarsaria
KOLKATA, INDIA: Idea Cellular, the Aditya Birla Group`s telecom arm, will pump in around Rs.4,500 crore this fiscal for expanding operations to cover all the 22 telecom circles in the country, the company said here Tuesday.
"We now have presence in 20 circles. We will soon launch operations in Assam and the North-east to make our presence felt in all 22 telecom circles," Idea`s operations director Ambrish Jain told reporters.
The company has a subscriber base of 5.1 crore, with the figure going up by 50-60 per cent year-on-year, Jain said on the sidelines of the launch of the company`s services in Kolkata and West Bengal circles.
As part of its expansion in the eastern and north-eastern parts of India, Idea Cellular will invest Rs.1,200-Rs.1,500 crore this year, of which Rs.600 crore is earmarked for West Bengal.
"In West Bengal, we will raise our investment to Rs.1,200 crore over the next three years," he said.
The company rolled out services with both per-second and per-minute tariff plans in the state.
"We are the first operator giving choice before the subscribers to opt for a per second or per minute pulse," Jain said, adding that however, the per second tariff mode was not sustainable in the long run in India.
Turning to the state, he said there will be an initial network coverage of 1,150 cell sites, and coverage will be expanded to over 2,800 cell sites by next March.
He also said the company will lay more stress on the West Bengal circle, which has a mobile penetration of only 24 per cent, as against the highly competitive market of Kolkata city that has a mobile tele-density of 73 per cent
...
Target 70
Posted by :
pusalkar
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....



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