Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Idea Cellular had a rally then a small decline but it has found strong support at Rs 150 area and it is not breaking it. We do not question whether Idea can go higher. The answer seems to be, it can."
"Yesterday was a narrow range day; it was a narrow range for the Nifty also and today we could be in a breakout mode. Therefore, Idea, Bajaj Auto, TCS are strong stocks, we stay with them. All of them could breakout on the upside today," he said.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!