Idea Going To Reach 70 Levels (Short idea!)On weekly chart, it is observed that the price action breaks out of crucial support level of 82 which signals further bearishness in the price action and the prices shall move further down to 70 levels where the next support located.
Good time to Short Idea Sir Ji
Target: 70
Stoploss: 85
IDEA
HOT Stock on your watchlist - IDEA Cellular The level of IDEA is very crucial here. One can buy from here and add at the level of 70 with the target of double in 2-3 months. The company is working very effectively. The financials are strong to take the company above.
Initial target of 122 can be achieved very fast.
RSI of the company is very low ie. only 18 which is good sign.
Happy trading!!


