Idea Cellular can go upto Rs 72: Gujral

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Idea Cellular can go upto Rs 72: Gujral

Ashwani Gujral, Technical Analyst is of the view that Idea Cellular can go upto Rs 72.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about Idea Cellular See messages about Idea Cellular Idea Cellular BSE | NSE 10/02/12 Are Mutual Funds betting on Idea Cellular? Other Stocks in this news Tata Teleservices (Maharashtra) |

Ashwani Gujral, Technical Analyst is of the view that Idea Cellular can go upto Rs 72.

Gujral told CNBC-TV18, "Idea Cellular looks much better because Idea was in this range of about Rs 45-60. Now it is likely that it moves to higher levels and goes up to Rs 72 to about Rs 75 kind of levels."

He further added, " Tata Teleservices (Maharashtra) , TTML apart from this kind of sporadic move, I don't think there are any longer-term implications of today's move. I think it still broadly remains ranged Rs 22 on the downside. I think it will have a problem getting past Rs 26 on the upside."