NIFTY OUTLOOK FOR 02/04/2013

BULLS SLOWLY MAKING UP MOVES.
MARKETS HAVE NO CLEAR DIRECTION.
STILL TRADERS FEARS ABOUT UPA GOVT.
BEARS ARE WAITING AT 5777.

SO, THE NEXT JOB FOR BULLS IS TO SEE A
CLOSE ABOVE 5777. NOW 20DMA IS AT 5778.
THEN THE TARGET IS 50DMA NOW AT 5887.

ON THE DOWNSIDE,
MORE BEARS ARE WAITING BELOW 5600.
AND ALSO AT 5777/5888 LEVELS.
SO 5600-5900 RANGE MARKET EXPECTED
UP TO 20TH APRIL.

GLOBAL TRENDS GETTING VOLATILE.
US MARKETS TRADING AT NEW HIGHS.
BUT THE MOMENTUM GETTING SLOW AND
TELLS US SOME CORRECTION IS ON THE WAY.

Buy DLF Ltd with a target of Rs 256: Ashwani Gujral
DLF Ltd is a ‘BUY’ call with a target of Rs 256 and a stop loss of Rs 244.

Buy Karnataka Bank with a target of Rs 141: Ashwani Gujral
Karnataka Bank is a ‘BUY’ call with a target of Rs 141 and a stop loss of Rs 129.

Buy Adani Ports with a target of Rs 150: Ashwani Gujral

Adani Ports is a ‘BUY’ call with a target of Rs 150 and a stop loss of Rs 138.

Buy Infosys with a target of Rs 3000: CK Narayan
Infosys is a ‘BUY’ call with a target of Rs 3000 and a stop loss of Rs 2925.

Sell Sterlite with a target of Rs 82: CK Narayan
Sterlite is a 'SELL' call with a target of Rs 82 and a stop loss of Rs 93.

Sell Sesa Goa with a target of Rs 142: Ashwani Gujral
Sesa Goa is a ‘SELL’ call with a target of Rs 142 and a stop loss of Rs 155.

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Buy UCO Bank with a target of Rs 58: Mitesh Thacker

UCO Bank is a ‘BUY’ call with a target of Rs 58 and a stop loss of Rs 55.

INDIAN SHARE MARKET