Idea Cellular - 29th Jan

Today's Opening - 105

Today's High - 107

Today's Low - 102

Today's Closing - 103

Lowest closing since 5th Apr, 2013 with low volumes over the past nine months.

The 10-day Rate Of Change has been negative since 4th Jan.


The Negative Directional Index has been stronger than the Positive Directional Index since 4th Jan.


The 20-day Commodity Channel Index has remained negative since 5th Jan.


The 12, 26-day Moving Average Convergence Divergence has remained negative since 6th Jan.


The closing has been below the 5-day Exponential Moving Average level for the past seven sessions.


The 2-day Relative Strength Index has remained below 30% for the past six sessions.

Having lost 14% over the last two weeks, the stock has now reached the support level of 102. The stock might not take away 102 in a hurry. It might try to bounceback next week. In case 102 level is broken, the next support comes only at 71. Wait for 5-6 sessions to see if the stock really starts bouncing back.

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