Stock Tips And Nifty Tips For 22/07/2013

NIFTY OUTLOOK FOR 22/07/2013

USD/INR TRADING AT 59.54.
CRUDE TRADING ABOVE 105 AT 108.23.
BULLS SEE A WEEKLY CLOSE ABOVE 6022,
AT 6029.

BULLS ARE ON THE WAY TO 6133.
BUT MOMENTUM SLOWING DOWN IN HOURLY,
NIFTY CHART TELLS AS LITTLE CONSOLIDATION
NEEDED BEFORE ANOTHER BIG MOVE.

RE-TESTING THE AT SUPPORT 5911-33 IS
ON THE CARD ON MONDAY OR TUESDAY.
BULLS CAN MAKE A FRESH MOVE FROM THERE.

AS POSTED HERE,
FROM 18/07/2013 TO 31/07/2013,
FOR, NEXT FOURTEEN DAYS, AS MOON SAIL
OUT OF THE LOCK “RAAHU-KETHU” THE
VOLATILE MOVES WILL BE LESS AND
BULLS CAN DO THE JOB AS PER THE WISH.

ON THE DOWNSIDE,
LEVEL 5911-33 IS BIG SUPPORT FOR BULLS.
BULLS CAN MOVE TOWARDS 6133 AS LONG AS
NIFTY CLOSES ABOVE 5911.
ANY CLOSE BELOW 5911 WILL BRING MORE
BEARS. THEY CAN LEAD TO 5822 OR TO 5733.

Buy Tech Mahindra with a target of Rs 1155: Mitesh Thacker 

"Tech Mahindra is a Buy call with a target of Rs 1155 and a stop loss of Rs 1124."

Buy Ceat Tyres with a target of Rs 135: Mitesh Thacker 

"Ceat Tyres is a Buy call with a target of Rs 135 and a stop loss of Rs 112."

Buy Bharti Airtel with a target of Rs 358: Mitesh Thacker 

"Bharti Airtel is a Buy call with a target of Rs 358 and a stop loss of Rs 324."

Buy RIL with a target of Rs 941: Ashwani Gujral 

"RIL is a Buy call with a target of Rs 941 and a stop loss of Rs 917."

Buy Bajaj Auto with a target of Rs 1995: Ashwani Gujral 

"Bajaj Auto is a Buy call with a target of Rs 1995 and a stop loss of Rs 1940."