Go long in Idea Cellular: Amit Harchekar

Amit Harchekar of A Plus Analytics told CNBC-TV18, "Technically Idea Cellular has given a pole breakout above Rs 160 and even round the derivative angle major long built up is seen in the zone of Rs 155 to Rs 160. On the long-term chart it is projecting a target close to Rs 182-Rs 185."

"We are quite positive in the near term. People who are entering in this stock at current level, the pole breakout levels of Rs 160 turns out to be the stoploss level. We would recommend going long at these levels with the stoploss of Rs 160 in the coming days," he added.