Idea made a massive move yday. It is a buy w/sl 57.
It has breached key resistances.
Resistance at 69 which has been crossed.
My adv, let the euphoria of telcom die down. Or buy slowly
From: sharetrading@
Sent: Monday, July 12, 2010 2:30 PM
To: sharetrading@
Subject: Re: [sharetrading] FORWARD VIEW
Dear Abe,
Can you please tell me about Idea Cellular. Is it the right time to buy at this position. Please let me know.
Naveen
From: A P Abraham <abrahamap@airtelmai
To: sharetrading@
Sent: Mon, 12 July, 2010 2:08:03 PM
Subject: [sharetrading] FORWARD VIEW
In my view I expect the market to be in this range with a positive bias for near till result season gives clear direction to markets. In case of any scrip not indicating good results, it would be advisable to make an exit of such scrip.
Good scrips with good managements, future, vision are all a hold as of now. Time to exit some dud stocks in coming days……….
Markets for ID expected to move sideways for rest of day with 5360 as SL…..
Happy Trading,
United we grow!!!
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