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Top trading calls by Anand Rathi: Buy Apollo Hospitals, Ramco Cements

Nifty outlook and top trading ideas by Jay Anand Thakkar ,CMT -Assistant Vice President - Equity Research, Anand Rathi Research

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Jay Anand Thakkar Mumbai
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

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