Sanjeev Agarwal, CEO of Dynamix Research & Capital Management told CNBC-TV18, "Idea Cellular has been showing a very strong pattern in the sense that there have been rises, which are very fast and with heavy volumes and the correction has been shallow and much lower volumes. So overall, the pattern looks positive and we feel that it should go higher."
"One should keep a stop loss as a trailing stop loss around Rs 125 on a closing basis. If the stock closes below Rs 125, one should exit and book profits. Otherwise, one may hold for higher targets, Rs 160-170 is very easily achievable where one can book partial profits," Agarwal said. Also Read: Vodafone, Idea, Airtel launch free incoming on roaming
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