 "markets, buy and sell, shares, revenue, outlook")
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research.
NIFTY: BUY
TARGET: 10980
STOP LOSS: 10760
Nifty closed almost flat in the last trading session however it has been moving higher in an upward sloping parallel channel, hence the probability of it inching towards the upper end of the range is quite high. The upper end of the range comes to 10980-11020, hence we recommend buying it with a stop loss below its previous hourly swing low i.e. 10760 levels.
CONCOR: BUY
TARGET: Rs 724
STOP LOSS: Rs 670
The stock has formed a symmetrical triangular pattern
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