Stock Tips And Nifty Tips For 01 Feb 2013

NIFTY OUTLOOK FOR 01/02/2013

NIFTY ENTERING IN TO BUDGET MONTH.
UNION GOVT. LOOKING IN TO REFORMS,
AND ALSO THE ELECTIONS.

5977-6000 IS THE LOWER END OF THE RANGE,
AND ANY CLOSE BELOW 5977 WILL BRING
MORE RED IN TO THE MARKETS.

SO BULLS HAVE TO SEE A CLOSE ABOVE
6044 TO TERMINATE THE LITTLE BEARISH
MODE SEEN.

OTHERS REMAIN SAME AS FOLLOWS,
ABOVE 6044, IT IS BULLS AREA, AND THEY
HAVE MEANING FULL NEXT RESISTANCE ONLY
AT 6200-6222 LEVEL.

ON THE DOWNSIDE,
6000 AND 5955, ARE THE SUPPORTS

Positive on ICICI Bank on a long term basis: Mehrab Irani 

"Interest margins came at around 3.07 pc and NPA were around 0.8 pc but recently ICICI bank had run up a slightly over last few weeks."

Sell Tech Mahindra with a target of Rs 965: Sandeep Wagle 

Tech Mahindra is a ‘SELL’ call with a target of Rs 965 and a stop loss of Rs 1012.

Buy Adani Ports with a target of Rs 158: Sandeep Wagle 

Adani Ports is a ‘BUY’ call with a target of Rs 158 and a stop loss of Rs 145.50.

Buy Lupin with a target of Rs 636: Sandeep Wagle 

Lupin is a ‘BUY’ call with a target of Rs 636 and a stop loss of Rs 603.

Buy Sesa Goa with a target of Rs 183 to Rs 185: CK Narayan 

Sesa Goa is a ‘SELL’ call with a target of Rs 183 to Rs 185 and a stop loss of Rs 188 to Rs 189.

Buy IOC with a target of Rs 335: CK Narayan 

IOC is a ‘BUY’ call with a target of Rs 335 and a stop loss of Rs 315.