Idea Cellular touching long term support 71.34

Nov 7, 2016

Idea Cellular continue to its down trend and still looking week, stock has already touched its long term support and trying to retest again that level, stock if broke 71.34 will go further down ward or if don't it will target to its existing trend resistance somewhere between 84-86, trader should wait to retest the support 71.34 if it doesn't break this level then go long for a target of 84.00, if reaches 84.00 exit and wait for breakout, if breakout occurs trend then change and further long is favourable with a first target of 98.50.