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Top trading ideas by Anand Rathi Research: Buy Ultratech Cements, Sterlite

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

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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: BUY
TARGET: 11,565
STOP LOSS: 11,414

The Index has closed in the positive territory in the last trading session and with that the series of higher tops and higher bottoms continues. The momentum indicator is also well into buy mode both on the daily as well as hourly charts which is quite a positive sign, hence we continue to maintain our short term as well as medium term bias positive for the target of 11565 with a reversal pegged below 11414

ULTRATECH CEMENTS: BUY
TARGET: