Idea Cellular has target of Rs 126: Bose

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Idea Cellular has target of Rs 126: Bose

Technical Analyst, Rajat K Bose is of the view that if Idea Cellular crosses Rs 114-116 then it has next target of Rs 126.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS Idea has resistance at Rs 114-116: Manghnani Idea Cellular may see 10-15% upside on news Idea to sell minority stake in its subsidiary, stk slips ALSO READ See previous views by Rajat K Bose See what other Experts & Brokerages are saying about Idea Cellular See messages about Idea Cellular Idea Cellular BSE | NSE 28/05/12 Are Mutual Funds betting on Idea Cellular? Other Stocks in this news Bharti Airtel |

Technical Analyst, Rajat K Bose is of the view that if Idea Cellular  crosses Rs 114-116 then it has next target of Rs 126.

Bose told CNBC-TV18, "Idea has to cross Rs 114-116, if it were to do so, then one expect further rupturing in the counter. Idea and Bharti had been pretty much the star performers in the telecom pack yesterday and both may actually move up today but for Idea, keep a watch for that level for Rs 114 to Rs 116 if it really crosses then Rs 126 could well be the next target."