 "Markets, Buy, Sell, Stocks")
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research.
NIFTY: BUY
TARGET: 10870
STOP LOSS: 10650
Nifty has reversed well from the lower end of the range i.e. of the symmetrical triangular pattern which is a positive sign in the short term. The Index has started to form higher tops and higher bottoms on the hourly charts so it is expected to inch towards the upper end of the range i.e. 10870 levels.
Tata Motors DVR: BUY
TARGET: Rs 98.50
STOP LOSS: Rs 92
The stock has provided a breakout from a downtrend
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