Nifty outlook and top trading ideas by Jay Anand Thakkar of Anand Rathi

The Nifty is likely to bounce till 12,300 levels in the short-term after which it is again likely to correct

BUY NIFTY | TGT: 12,300 | SL: 12,090

Nifty closed in the positive territory on Thursday, and, with that, the first leg of downside seems to have got over and a bounce back has resumed. The index is likely to bounce till 12,300 levels in the short-term after which it is again likely to correct. Hence, for a bounce, one can buy Nifty for the target of 12,300 with a stop loss of 12,090.

BUY RAMCO CEMENTS | TGT: Rs 920 | SL: Rs 827

The stock has provided a breakout from the symmetrical triangle pattern with a clear buy crossover in its