Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It is surprising that Idea has not done what Bharti Airtel or Reliance Communications is now doing. RComm suggests that some kind of a short-term top is being made, but Idea is not doing that."
He further added, "Idea rallied; it doubled itself and only shows shallow corrections and then a renewal of the rally. So, it is remarkable stock to be in on the long side; every dip is a buying opportunity."
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!
