NIFTY OUTLOOK FOR 24/10/2013

BEARS GET ACTIVE TODAY.
TEST THE LOW OF 6118. BULLS MANAGE
TO CLOSE AT 6178.

NOW THE RESISTANCE IS 6222, AND
THE SUPPORT IS AT 6111.

SO THE DIRECTION IS,
BULLISH ABOVE 6222 TARGET 6333.
BEARISH BELOW 6111 TARGET 6000.

LITTLE CORRECTION OR RETESTING 5822
WILL HELP NIFTY TO JUMP OVER 6333.

OTHERS REMAIN SAME AS FOLLOWS,
NOW BULLS MOVING TOWARDS 6222-44 LEVEL.
SOME RESISTANCE EXPECTED AT THIS LEVEL.

THE TECHNICAL FOR THIS WEEK,
ABOVE 6244 BULLS CAN TARGET 6333.
BELOW 6111 BEARS CAN TARGET 6022/5933/5755.

Buy Hind Unilever with a target of Rs 665: Ashwani Gujral

Buy Hind Unilever with a target of Rs 665 and stop loss of Rs 600: Ashwani Gujral.

Sell DLF with a target of Rs 148: Ashwani Gujral

Sell DLF with a target of Rs 148 and stop loss of Rs 164: Ashwani Gujral.

Sell Wipro with a target of Rs 480: Ashwani Gujral

Sell Wipro with a target of Rs 480 and stop loss of Rs 505: Ashwani Gujral

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Sell Dr Reddy with a target of Rs 2300: Mitesh Thacker

Sell Dr Reddy with a target of Rs 2300 and stop loss of Rs 2400: Mitesh Thacker.

Sell ACC with a target of Rs 1075: Mitesh Thacker

Sell ACC with a target of Rs 1075 and stop loss of Rs 1132: Mitesh Thacker.

INDIAN SHARE MARKET