Stock Tips And Nifty Tips For 29/07/2013

NIFTY OUTLOOK FOR 29/07/2013

USD/INR TRADING AT 59.14.

CRUDE TRADING AROUND 105 AT 104.63.
BEARS TAKES AWAY 5900 ON FRIDAY.
NIFTY CLOSES AT 5886.

ON THURSDAY,
WE HAVE POSTED THE FOLLOWING,
FRIDAY CLOSING IS IMPORTANT.
ANY WEEKLY CLOSE BELOW 5911 WILL BRING
MORE BEARS IN NEXT WEEK.
THEY CAN LEAD NIFTY TO 5777 AGAIN.

ON FRIDAY BULLS NOT ABLE TO SUSTAIN
ABOVE 5933 AND BEARS SEE A CLOSE BELOW
5911 AT 5886. SO BEARS MAY LEAD NIFTY
TO 5777 LEVELS.

BEFORE THAT 5850 200DMA IS GIVING SOME
SUPPORT AND HOPES TO BULLS. SO ANY CLOSE
BELOW 5850 CAN LEAD NIFTY TO 5777.

ON THE UPSIDE,
BULLS HAVE TO SEE A CLOSE ABOVE 6000.
THEN ONLY FURTHER UPSIDE EXPECTED.
ALL THE BOUNCES BELOW 6000 WILL BE
SHORTED BY BEARS.

Sell Coal India Ltd with a target of Rs 265: Ashwani Gujral 

"Coal India Ltd is a Sell call with a target of Rs 265 and a stop loss of Rs 290."

Sell Hindalco Industries Ltd with a target of Rs 87: Ashwani Gujral 

"Hindalco Industries Ltd is a Sell call with a target of Rs 87 and a stop loss of Rs 100."

Sell Coal India Ltd with a target of Rs 260: Mitesh Thacker 

"Coal India Ltd is a ‘SELL’ call with a target of Rs 260 and a stop loss of Rs 289."

Sell Reliance Communications Ltd with a target of Rs 126: Mitesh Thacker 

"Reliance Communications Ltd is a ‘SELL’ call with a target of Rs 126 and a stop loss of Rs 138."

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Buy Mahindra & Mahindra Ltd with a target of Rs 915: Ashwani Gujral

"Mahindra & Mahindra Ltd is a ‘BUY’ call with a target of Rs 915 and a stop loss of Rs 880.