IDEA

In our previous posts / reports of 17 & 24 December, 2013, we have already mentioned & suggested to go short. Without hitting the Stop Loss, it was running flat to negative. I am quite sure to go short again in IDEA for short term. The targets for down side are 158 / 152 and if closes below 152, it can again fall up to 142 also. I strongly feel that it will

continue to make lower tops and will break the previous swing bottom. Tomorrow if it does not close above 167, it is a perfect sell. So we can sell the stock for the targets of 158 / 152 and close below 152, 142 is another good level to square off the shorts. 167 is a strict closing basis Stop Loss.