Stock Tips And Nifty Tips For 26/08/2013

NIFTY OUTLOOK FOR 26/08/2013

NIFTY RECOVER A LOT AND SEE A WEEKLY
CLOSE AT 5471. LAST WEEK CLOSE WAS 5507.

USD/INR MADE NEW BOTTOM AT 65.56.
ON FRIDAY CLOSES AT 64.07.
AS EXPECTED COMEX GOLD STARTED TO RALLY.
FRIDAY CLOSES AT 1397.
HOPE ARE HERE THAT RUPEE WILL GET
STRONG IN THIS WEEK.

THE TECHNICALS AS FOLLOWS,
THE WAVE STARTED FROM THE LOW 4770
ON 04/06/2012, RALLY 1459 POINTS
AND MADE HIGH AT 6229 ON 20/05/2013.

NOW THE CORRECTION WAVE FOR ABOVE
RALLY YESTERDAY COMPLETED 61.8% TARGET
901POINTS AT 5327. WEEKLY LOW IS 5254.

AS NIFTY CLOSE WELL ABOVE 5400.
NIFTY MAY RECOVER FROM THIS 5266-5333
LEVEL.

ON THE UP SIDE,
A CLOSE ABOVE 5533 CAN BRING
MORE BULLS AND MORE GREEN.

STILL BEARS ARE HERE. THEY WILL GET
ACTIVE IF NIFTY CLOSE BELOW 5400.

Sell DLF with a target of Rs 129: Mitesh Thacker 

DLF is a sell call with a target of Rs 129 and a stop loss of Rs 143.

Buy Tata Motors with a target of Rs 313: Mitesh Thacker 

Tata Motors is a buy call with a target of Rs 313 and a stop loss of Rs 294.

Buy HCL Tech with a target of Rs 965: Ashwani Gujral 

HCL Tech is a buy call with a target of Rs 965 and a stop loss of Rs 930.

Buy Tech Mahindra with a target of Rs 1400: Ashwani Gujral 

Tech Mahindra is a buy call with a target of Rs 1400 and a stop loss of Rs 1325.

Buy BHEL with a target of Rs 124: Ashwani Gujral 

BHEL is a buy call with a target of Rs 124 and a stop loss of Rs 112.