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Top stock ideas from Anand Rathi Research for today's trade

Stock ideas from Anand Rathi Research.

Markets, Buy, Sell, Stocks, Shares
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Jay Anand Thakkar Mumbai
NIFTY: BUY 
TGT: 10,920 
SL: 10,670

The index has closed in the positive territory and it continues to form higher tops and higher bottoms on the daily chart. The hourly momentum indicator has come well into buy mode along with the daily momentum indicator which is also quite positive. Now, on the lower side, 10670 which is its previous swing low is a crucial support and till those levels are held the bias remains up for the target of 10920.

Glenmark:  BUY 
TGT: Rs 590 
SL: Rs 545

Glenmark has clearly provided a breakout from the falling wedge pattern on the daily charts along with a buy