NIFTY OUTLOOK FOR 07/10/2013

BULLS DEFEND 5900 ON FRIDAY.
ANOTHER CLOSE ABOVE 5900 MAY TAKE NIFTY
TO 6022-6044 LEVELS.

THE LEVEL 6022-6044 SEEMS STRONG RESISTANCE.
GOOD Q2 RESULTS CAN HELP NIFTY TO JUMP
OVER THIS LEVEL.

BUT BEARS ARE ALSO WAITING
AT THIS SAME 6022-6044 LEVEL.
NOW 5800-5822 SEEMS GOOD SUPPORT FOR BULLS.
BEARS WILL START THE INNINGS BELOW 5800.

Buy United Phosphorus with target price of Rs 160.5: Mitesh Thacker

United Phosporous is a 'Buy' call with a target of Rs 160.5 and a stop loss of Rs 148.5.

Buy Divi's Lab with target price of Rs 1,060: Mitesh Thacker

Divi's Lab is a 'Buy' call with a target of Rs 1,060 and a stop loss of Rs 1,004.

Buy Tech Mahindra with target price of Rs 1,460: Sandeep Wagle

Tech Mahindra is a 'BUY' call with a target of Rs 1,460 and a stop loss of Rs 1,395.

Buy Lupin with target price of Rs 910: Sandeep Wagle

Lupin is a 'BUY' call with a target of Rs 910 and a stop loss of Rs 884.

Buy Adani Ports with target price of Rs 150: Sandeep Wagle

Adani Ports is a 'BUY' call with a target of Rs 150 and a stop loss of Rs 142.

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