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Top trading ideas from Chandan Taparia of Anand Rathi

Here are a few trading ideas from Chandan Taparia of Anand Rathi

Chandan Taparia  |  Mumbai 

Here are a few trading ideas from Chandan Taparia of Anand Rathi for trade today: BUY CIPLA: The stock surpassed the hurdle of Rs 575- Rs 576 levels and gave the highest daily close of last six months. It is moving after a consolidation of last eight trading sessions and gave a breakout on daily and weekly charts.

Recently it had taken support at its 200 weekly moving average and closed above its 50% Fibonacci retracement levels. Thus recommending buying the stock with the stop loss of Rs 555 for the upside immediate target of Rs 592 levels. BUY RELIANCE INDUSTRIES: The stock has given ...

First Published: Wed, August 31 2016. 08:30 IST
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