Technical calls from Anand Rathi: Buy Exide Industries, Hindustan Zinc

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

NIFTY - BUY 

TARGET: 10,740 

STOP LOSS: 10,590

The Index has been consolidating within a range of 10550-10590 on the lower side to 10700-10740 on the upside. Now, in the yesterdays trading session the Index has reversed from the lower end of the range, hence a bounce back towards the upper end of the range is expected, so we recommend initiating a buy for the target of 10740 with a stop loss of 10590.

APOLLO HOSPITALS - BUY 

TARGET: Rs 1,170 

STOP LOSS: Rs 1,018

Apollo Hospitals has