Today, IDEA shares ended as one of the top gainers indicating bullish engulfing pattern in charts. The market is awaiting for final structure of merger of idea vodafone deal that both the telecom companies may be selling 15-20% in the merged entity to financial investors where there is also possibility to invite offers from private equity funds for stake sale in resulting company. After this newsbreak idea shares rallied 5% ending as one of the top gainers showing bullish trend in upcoming days.
IDEA indicates a bullish trend showing bullish engulfing pattern in charts
