Sell Idea Cellular , says Monal Desai, Prabhudas Lilladher.
Desai told CNBC-TV18, "I am seeing about 9% short built up in Idea Cellular, so I recommend a sell keeping a stoploss at Rs 96.50 for the first target of Rs 90.50 and maybe Rs 88 lower down. But Rs 90.50 should be where one should look to exit at least half the positions."
She further added, "We have recommended a buy on BF Utilities with a stoploss at Rs 380 and a target of Rs 410. We are seeing some 9% long built up intraday, so we trade over there on the upper side."
"Buy Tata Power with a stoploss at around Rs 104 for a target of Rs 115. We are seeing about 7% long built up over there."
