Yes you are right, waiting is good for idea, brokerage houses like india bulls have given sell call.
For a change buy TTML, there is no more down side for this stock, this was the first company to introduce 1 paisa offer and started the competition, before it was working under small area, but now it has launched its services under various circles, so it’s for sure that’s its business and earnings will increase, all the other telecom companies market are saturated and earnings will decrease from their maximum but for TTML it has started from minimum and will grow now, in my area alone i saw more than 3000 Sims sold at single shop in 1 day, and numbers were out of stock, it will surely go to 50rs and the growth result would be enormous for the company.. Where all the other telecom stocks will decrease or will slow down this stock TTML will be outperformer. After all its brand TATA.
One just cannot time the market and buy at its all time lows and similarly sell at the highes and hence Idea is already available at around 33% discount from its IPO issue price, seems good, and if further slides, buy.
yah share sensex mai hai kitana din niche rahega sensex 21000 30000 ki bat ho rahi hai mai bolata hoo bazar agar 21000 ko par kiya to idea 90 ko par karega oxizen 500%
Mind it that many shares have not been moving with the sensex, but Idea being managed by the company having good corporate governance, may be bought in small quantities currently and on dips definetely.
dear sir
i am an independant person involved in share market since last 20 years
i have no connection with the person you mentioned
as per my own study idea has become an idiotic share and future prospects are bleak regarding the profit margin
this is my opinion
please kindly take not that i am not an expert
but looks like an idiot in stock market
Atleast the sliding has been curtailed, not anything nagitive in telecom sector, keep buy on dips, still available at 33% discount from its ipo issue price, use it as opportunity.