Stock analysis Idea Cellular Limited IDEA
Recent prices of IDEA Idea Cellular Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Idea Cellular Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Idea Cellular Limited IDEA at this time. Stock is rising and might rise more.
It appears as if Idea Cellular Limited IDEA gave a large move recently.
Stock of Idea Cellular Limited (IDEA) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Idea Cellular Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 11.2 as stoploss in an intra day sell trade for a target of 10.2. However, stock will show a bullish move above 11.2.