NIFTY OUTLOOK FOR 14/10/2013

INFY START THE Q2 RESULT SEASON.
NIFTY JUMP ABOVE 6100 AND CLOSES
AT 6096. USD/INR SLIP BELOW 61.

BULLS HAVE HOPES. BUT CONSOLIDATION
EXPECTED AT 6022-6133 LEVEL.

IN THE WEEK AHEAD,
ABOVE 6133 BULLS CAN TARGET 6222.
BELOW 6022 BEARS CAN TARGET 5933/5755.

LOT OF ACTION EXPECTED IN MIDCAPS.
CONSOLIDATION OR DEEP CORRECTION
EXPECTED IN THE INDEX.

Buy Union Bank with a target of Rs 127: Mitesh Thacker

Union Bank is a buy call with a target of Rs 127 and a stop loss of Rs 116.

Buy HDFC Bank with a target of Rs 675: Mitesh Thacker

HDFC Bank is a buy call with a target of Rs 675 and a stop loss of Rs 644.

Buy ICICI Bank with a target of Rs 1040: Ashwani Gujral

ICICI Bank is a buy call with with a target of Rs 1040 and stop loss of Rs 980.

Buy Canara Bank with a target of Rs 256: Ashwani Gujral

Canara Bank is a buy call with with a target of Rs 256 and stop loss of Rs 238.

Buy PNB with with a target of Rs 515: Ashwani Gujral

PNB is a buy call with with a target of Rs 515 and stop loss of Rs 468.

INDIAN SHARE MARKET