Top trading calls by Anand Rathi: Buy TCS, sell IndusInd Bank

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

NIFTY: SELL

TARGET: 10,534 

STOP LOSS: 10790

Nifty has reversed from up to down and it has broken the range on the lower side. The momentum indicator has also gone into sell mode with a negative divergence which is a worry for the bulls in the short term. The index has been forming lower tops and lower bottoms which is also a negative sign for the bulls. It has formed a double top pattern on