Top trading ideas for today by Tradebulls Securities: Buy Indigo, sell NCC

Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP – Technical (Equity), Tradebulls Securities:

Nifty Outlook:

Post breaking out from the oscillating range Nifty has been gradually crawling higher maintains its lower shadows above its previous days low. As the index lacks the desired momentum which should have been witnessed post the breakout so far the only sigh of relief is the rising sequence of higher bottoms along with the rising RSI which is still away from its overbought state. It is likely that a sustained close above 10855 could regenerate the bullish momentum & push the index towards 10930 /11060