Moneycontrol
Sep 22, 2017 03:13 PM IST | Source: CNBC-TV18

See downside in Idea Cellular: Prakash Gaba

Prakash Gaba of prakashgaba.com feels more downside in Idea Cellular.

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Idea Cellular has weak structure. I think it is in sell mode. Best thing to do is to exit because even if you get bounces, which I doubt you will get, I think what I see is more downside in the days to come."

At 15:10 hrs Idea Cellular was quoting at Rs 78.30, down Rs 2.00, or 2.49 percent on the BSE.

The share touched its 52-week high Rs 123.75 and 52-week low Rs 66 on 20 March, 2017 and 09 November, 2016, respectively.

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