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Top trading calls by Anand Rathi: Buy HDFC Life, Avanti Feeds

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

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

NIFTY: SELL 

TARGET: 10660 

STOP LOSS: 10840

Nifty closed in the positive territory in the last trading session however it has seen selling from higher levels which indicates that there is selling pressure at higher levels. The momentum indicator on the daily as well as hourly charts is still in sell mode hence there can be some further profit booking. However, positional basis till 10530 levels aren’t broken the uptrend may continue till 11000 levels. So, in anticipation of early

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First Published: Dec 28 2018 | 6:14 AM IST

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