Nifty outlook and top trading ideas by Jay Anand Thakkar ,CMT -Assistant Vice President - Equity Research, Anand Rathi Research
NIFTY: SELL
TARGET: 10,720
STOP LOSS: 10,550
Nifty closed in the positive territory in the last trading session and it seems to be breaking out of the range. The target on the upside comes to 10,720 levels, whereas the support on the lower side comes to 10,550 levels. The momentum indicator also supports the up move.
Apollo Hospitals: BUY
TARGET: Rs 1,340
STOP LOSS: Rs 1,210
The stock has provided a breakout from an inverse head and shoulders pattern as