Nifty outlook and top trading ideas by Anand Rathi Research

Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research:

NIFTY - BUY 

TARGET: 11,653 

STOP LOSS: 11,525

The Index closed in the positive territory in the last trading session and it has again formed a lifetime high. The Index after having broken 11,495 on the upside has confirmed the extension on the upside; hence the minimum equality target on the upside comes to 11,653 whereas on the lower side 11,525 becomes a crucial support.

PIDILITE - BUY 

TARGET: Rs 1,189 

STOP LOSS: Rs 1,139

The stock has provided a breakout from the falling channel as well as