Top trading ideas by Religare Broking:
NIIT Technologies Limited
Recommendation: Buy
Last Close: Rs 1,316.55
Initiation range: Rs 1,300-1310
Target: Rs 1,380
Stop loss: Rs 1,270
IT pack is holding strong amid volatility and NIITTECH is no different. It’s trading firmly above the support zone of multiple moving averages on daily chart and trading on the verge of a fresh breakout. We advise creating fresh longs within the mentioned range.
Indraprastha Gas Limited
Recommendation- Buy
Last Close: Rs 288.25
Initiation range: Rs 283-286
Target: Rs 305
Stop loss: Rs 274
IGL, after a volatile swing, is hovering in a range

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