See upsides in Idea Cellular, says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "Bharti Airtel’s charts are good. In the short-term Idea has made a small consolidation for three days and if it breaks out above it, you wait patiently. If you see higher levels than yesterday’s close go for it, that is a breakout and that means more upside even for the day trader, swing trader."
Idea Cellular touched its 52-week high Rs 124 and 52-week low Rs 71.20 on 16 January, 2013 and 24 April, 2012, respectively. Currently, it is trading 3.47% below its 52-week high and 68.12% above its 52-week low. Market capitalisation stands at Rs 39,643.55 crore.
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!