Buy Idea Cellular, says Sudarshan Sukhani

Buy Idea Cellular, says Sudarshan Sukhani of s2analytics.com.
 
Sukhani told CNBC-TV18, "Idea Cellular is a buy. It has come to a point where there is going to be strong resistance. I think around Rs 100 Idea has faced this resistance repeatedly. So timing is important here. One want to buy Idea on dips but the trade is to go long in it. It is not a short selling idea."
 
He further added, "BHEL is a sell. It rallied on Friday. It is not enough. It was falling all the time when the Nifty was choppy, when the Nifty was rallying for the rest of the week it was falling. So it is a sell. It has to prove that the decline has ended, the rally is beginning, for many days it must move up, move sideways before we can change our view. One day is not enough."