Sudarshan Sukhani, s2analytics.com feels that there is more upside in Idea .
Sukhani told CNBC-TV18, "Idea has been in a correction, it's now willing to be lifted on the upside. Bharti and Idea both are now buy candidates. Bharti was in my list couple of days ago and Idea is following Bharti; deep correction, consolidation and a rally, so there is more upside in Idea."
He further added, "On Biocon my targets are Rs 245-246 but that's not necessarily the end of this decline. Once the market decides that this is the rally and this is the end of the rally a lot of stocks will be headed lower. We are just starting with a small modest list now. Biocon has been one of the underperformers. A relief rally is probably over for this stock and it's a short sell."
