Buy Idea Cellular on dips, says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "Idea Cellular has pulled back 38 percent of its complete up move earlier and it stopped there. Sometimes these levels work nicely. Yesterday it started its up move. That up move should take it back to its earlier highs.”
He further added, “Idea and Bharti Airtel are both favourites but for today Idea is likely to do better. The risks here
are very small and it has already gone through a pullback. So a pullback, a buy on dips trade for Idea consider it.”