Vodafone Idea share price plunges 16% after doubling up in last 7 days; should you buy or sell the stock?

Vodafone Idea share price has been on a bumpy ride for the last couple of days. After doubling up in just 7 trading sessions, telecom service provider Vodafone Idea stock plunged as much as 21.5 per cent to hit the intraday’s low of Rs 9.41. Vodafone Idea stock ended the session 16 per cent lower at Rs 10.08 apiece on BSE. As on June 8, Vodafone Idea has climbed up to 80th position, with a market capitalisation of Rs 34453.73 crore in the overall m-cap ranking, according to BSE data. As the stock witnessed a sudden surge in the price in the past few days, analysts have advised to exercise caution. “Vodafone Idea is going through the bull trend correction.