 "algo trading")
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research.
NIFTY: BUY
TARGET: 10400
STOP LOSS: 10609
Nifty closed in the negative territory in the last trading session after having broken the bearish head and shoulders pattern on the hourly charts. The momentum indicator has gone into sell mode on the hourly chart with a negative divergence which is a concern in the short term. The Index is likely to see further downside and the minimum target on the lower side comes to 10450 whereas the aggressive target comes to
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