losing stocks today-IDEA below 106.5 has target 98

IDEA future chart Idea Cellular Ltd stock trading at 106 with 10% loss. Stock has broken its major support of 114 rupee with strong price action as well as volume.   Below 114, expect downtrend for June series. On downside 106.5 was first target which is already hit now below it expect 98 rupee as next target for stock.   Future traders below 106.5 stay short and expect target 98. Closing above 106.5 means recovery signal for target 114.   Option traders below 107 can buy and accumulate in IDEA 100 put options with stop loss.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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