Idea Cellular has target of Rs 132: Anil Manghnani

Anil Manghnani, Modern Shares & Stock Brokers is of the view that Idea Cellular has target of Rs 132.

Manghnani told CNBC-TV18, "Idea Cellular still looks the best. It has given a fresh breakout at Rs 112. I think there is  some upside post Rs 112. The next target is Rs 132. Eventually it could head to all time high of Rs 160. However, we  need to see what happens at Rs 132 first."
He further added, "Bharti Airtel is still a difficult one for me to call. I am not sure what is going on the chart yet. It is  trying to breakout but I have still not got clear patterns of a breakout. For now, about Rs 360-370 would be the  immediate trading target. I would like to give it some time before I go out and say now it is a fresh breakout on Bharti."