Idea Cellular can test Rs 78-79: Shrikant Chauhan

Idea Cellular can test Rs 78-79, says Shrikant Chauhan, Kotak Securities.

Chauhan told CNBC-TV18, "My second bet is Idea Cellular to trade long after correcting from the recent highs of Rs 80.50. We are expecting the levels of Rs 74-73 will act as a very strong support for the stock even the retracement levels are also working fine around these levels. So we can trade long around Rs 74 with a stop loss at Rs 72 for the short term bounce to the levels of Rs 78-79 on the higher side."