Top trading calls by Anand Rathi: Buy Exide, LIC Housing Finance

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

NIFTY: BUY 

TARGET: Rs 10,870 

STOP LOSS: Rs 10,630

Nifty has been consolidating within a range of 10630-10980 levels and it has formed a symmetrical triangular pattern. Now, since the trend was up prior to this consolidation, so a breakout is expected on the upside. On the lower side, the support is pegged at 10630 levels and till those levels are not broken we continue to maintain our short term as bias positive for the target of 10980 levels.

EXIDE: BUY 

TARGET: Rs 280 

STOP LOSS: RS