Top trading calls by Anand Rathi: Buy Apollo Hospitals, CGPOWER

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

SMEs, banks, foreign exchange, markets, forex, small and medium price industries,
SMEs at large do not understand forex and the concept of hedging, which banks often exploit. (Photo: iStock)

NIFTY: BUY  TARGET: 10980  STOP LOSS: 10750 Nifty closed in the positive territory in the last trading session and well above its 200DMA. Now, the Index has taken off its previous weekly swing high which indicates that the Bulls are back in December series as well. Now, on the lower side 10750 is a very crucial support and till those lows aren’t broken the target on the upside comes to 10980 and thereafter 11200 levels. CGPOWER:  BUY  TARGET: Rs 48.50  STOP LOSS: Rs 37.50 The stock after posting a positive ...