Short Idea Cellular, target Rs 141: Sahil Kapoor

Sahil Kapoor of Edelweiss Financial Services told CNBC-TV18, "For Idea Cellular Rs 153-154 range is a good selling level, it actually didn’t bounce back yesterday, bucking the trend it was higher yesterday which was a good selling opportunity. We may get another selling opportunity because we are seeing a rebound in the markets. So short it with a target of Rs 141 and stop of Rs 159.50 appears to be a good strategy."At 15:11 hrs Idea Cellular was quoting at Rs 149.10, down Rs 5.35, or 3.46 percent. It has touched an intraday high of Rs 155 and an intraday low of Rs 148.95.