Nifty outlook and top trading ideas by Jay Anand Thakkar ,CMT -Assistant Vice President - Equity Research, Anand Rathi Research:
Nifty is still trading is this 10,600 to 10,900 range and only when it provides breakout or breakdown from this range it will lead to further trend. This week being an expiry week there is a very high probability that an market provides breakout or breakdown from this range. Hence, we recommend buying above 10,900 or selling below 10,600.
APOLLO HOSPITALS - BUY
Target: Rs 1,088
Stop loss: Rs 1,008
APOLLO HOSPITAL has clearly formed five wave rising structure on the daily charts. The stock