 "Equity fund managers, Stock markets, Indian stocks")
Nifty outlook and Top trading ideas by Jay Anand Thakkar ,CMT -Assistant Vice President - Equity Research, Anand Rathi Research:
NIFTY: BUY
TARGET 11,188
STOP LOSS: 10,933
The Index has provided a breakout from the consolidation i.e. from a symmetrical triangular pattern with a buy crossover in its momentum indicators MACD from the zero reference line. The Index is likely to form a new life highs in this rally, hence we recommend buying Nifty for the target of 11188 with a stop loss of 10933.
DR. REDDY: BUY
TARGET: Rs 2,420
STOP LOSS: Rs 2,323
Dr. Reddy has provided a breakout from the downtrend line resistance with a
