Top trading calls by Anand Rathi: Sell Tata Chemicals, Capital First

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

NIFTY: BUY

TARGET: 10,100

STOP LOSS: 10,350

Nifty closed in the negative territory and it failed the double bottom pattern formed on the daily as well as hourly charts. The Index has also completed an A-B-C pullback on the daily charts which is also quite negative going forward. The minimum target on the lower side is pegged at 10100 and below those 9950 levels.

TATA CHEMICALS: SELL

TARGET: Rs 600

STOP LOSS: Rs 655

The stock has broken the triple top pattern on the daily charts with a