Moneycontrol
Jun 19, 2017 03:53 PM IST | Source: CNBC-TV18

Buy Idea Cellular, says Prakash Gaba

Prakash Gaba of prakashgaba.com advises buying Idea Cellular.

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Idea Cellular is basically a weak structure but at the lower levels there is support and I would say that Rs 70-75 zones, Rs 80 zones are strong support zones. It is a good place to buy; it can climb to levels closer to around Rs 100 zones. It is a good trading bet here."

Idea Cellular ended at Rs 79.80, up Rs 2.05, or 2.64 percent on the BSE.

The share touched its 52-week high Rs 123.75 and 52-week low Rs 66 on 20 March, 2017 and 09 November, 2016, respectively.

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