 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research:
NIFTY: BUY
TARGET: 11,240
STOP LOSS: 11,120
The Index closed well in the positive territory on the F&O expiry day, hence the trend continues to remain up. The Index continues to form higher tops and higher bottoms which is a positive sign in the short term. The momentum indicator MACD too continues to remain in the positive territory which is a positive sign, so based on these parameters we think one can buy Nifty for the target of 11240 with a stop loss of
