Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Idea Cellular cannot hit resistance according to my reckoning at a level because it is at life-time new highs, it just keeps on going. One finds a small consolidation; one enters on the long side and let the market decide where it wants to go."
"I would not worry about it. In the sense that as a long trader in this counter I would stay long and keep opportunities for short-term trading there," Sukhani added.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!