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Jun 27, 2012, 11.58 AM IST
Sell Idea Cellular, says Sudarshan Sukhani of s2analytics.com.
Sell Idea Cellular , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "Idea Cellular has been a sell earlier. This stock made a V-shape reversal, an inverted V. It was rallying and suddenly Idea and Bharti Airtel started falling and Idea started falling much more." He further added, "Idea is a sell that is continuing. There is no sign that the decline has come to end and it’s a bit of a surprise but I would expect lower levels before it stops, before it begins consolidating."
Disclosure: I have no holdings in the above stock.
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