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Gaurav Bissa on November 21: Buy Idea Cellular; Sell Equitas

videos | Nov 21, 2018 12:38 PM IST

Gaurav Bissa on November 21: Buy Idea Cellular; Sell Equitas

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The latest analysis and commentary by stock market guru Gaurav Bissa of LKP Securities on what is moving the markets today. Check out his top stock recommendations.

The latest analysis and commentary by stock market guru Gaurav Bissa of LKP Securities on what is moving the markets today. Check out his top stock recommendations.

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He spoke at length about Idea Cellular, and Equitas.
Recommending stock specific ideas, Bissa said, “First recommendation would be buy on Ideal Cellular. Rs 45-46 can be seen in next 3-4 trading sessions. One can keep a stop loss of Rs 41.50 and buy Idea futures.”
“Second recommendation would be sell on Equitas futures for the reason that we have seen around 3 percent open interest (OI) addition happening today. Some shorts are seen getting built. From higher levels we have seen a strong downward momentum continuing. One can keep a stop loss of Rs 110; on the downside Rs 105 is quite possible,” he added.
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