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Buy Hindustan Unilever, Avoid CESC: Jay Anand Thakkar

Jay Anand Thakkar of Anand Rathi said the Nifty indicates a bearish undertone in the near term
Jay Anand Thakkar of Anand Rathi said the Nifty indicates a bearish undertone in the near term
The Sensex and Nifty corrected sharply from intraday high levels during Friday's session as profit booking emerged in auto, IT and oil & gas shares. Jay Anand Thakkar, CMT, assistant vice president-equity research at Anand Rathi, told NDTV Profit that with increase in volatility, the Nifty formed lower-top lower-bottom formation on hourly charts which indicates a bearish undertone in the near term. On the downside, Nifty has support ...
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