Nifty outlook and top trading ideas by Vinay Rajani, Technical Analyst, HDFC Securities:
BUY DABUR INDIA
CMP: Rs 385.55
SL: Rs 370
Tgt: Rs 405
Stock price has broken out from the consolidation range of 365-380 with jump in volumes. Primary trend of the stock has bullish has been bullish with higher tops and higher bottoms. Stock price has registered new all-time high of 387. FMCG sector has been an outperformer for last many months.
BUY INDIAN HOTELS
CMP: Rs 146.30
SL: Rs 141
Tgt: Rs 154
Primary trend of the stock has been bullish with higher tops and higher bottoms on the weekly charts. Stock price has