Placed an order to buy Idea at Rs.100 today. Went unfilled. Tomorrow perhaps.
Given the fact that Reliance has stepped into this industry, slashed rates and all, Idea may well correct to 2012 low of Rs.65, in which case we shall buy in with more 50% of allocated capital for each scrip. (If it were a top notch like Cipla, HDFC etc, then we'd buy 100%.)
Given the fact that Reliance has stepped into this industry, slashed rates and all, Idea may well correct to 2012 low of Rs.65, in which case we shall buy in with more 50% of allocated capital for each scrip. (If it were a top notch like Cipla, HDFC etc, then we'd buy 100%.)