Idea Cellular Ltd. Technical chart | 19-Dec-2011

Below is the technical chart of Idea Cellular Ltd., listed on Indian stock exchnage, using ichimoku Kinko Hyo indicator.

The price, although trading above kumo, has closed below kijun-sen line @86.35. This signal is to book profits in Idea Cellular and sit on cash. Take long position ONLY when it closes above 89.

Related posts