 "Buy NIIT Tech, ONGC, and sell ACC, Kotak: Chandan Taparia of Anand Rathi")
Here are a few trading ideas from Chandan Taparia of Anand Rathi for Thursday's session:
BUY NIIT TECH
The stock has taken support around its 50-DMA and is trading above its 200 weekly moving average. It surpassed the hurdle of Rs 440 and is set for fresh rally towards Rs 450 and higher levels. It gave the highest daily close of last seventeen trading sessions. Thus, one can buy the stock with the stoploss of Rs 420 for the upside immediate target of Rs 450.
BUY ONGC
The stock has been holding the support base and showing the signs of
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