Stock Tips and Nifty Tips 29/11/2013

NIFTY OUTLOOK FOR 29/11/2013

WE EXPECT CLEAR DIRECTION TODAY.
BUT STILL NIFTY TRADING IN RANGE
WITHOUT CLEAR DIRECTION.

SO THINGS REMAIN SAME AS FOLLOWS,

BULLS CAN BE ACTIVE ONLY
ABOVE 6111. THEN 6200-44 CAN BE TESTED.

MORE BEARS WILL COME BELOW 6044.
LAST WEEK LOW 5972 IS THE GOOD SUPPORT FOR
BULLS. PANIC WILL LEAD NIFTY BELOW 5972.

THE TECHNICAL FOR THE WEEK AHEAD,
GREEN ABOVE 6066 TARGET 6155 AND 6244.
RED BELOW 5977 TARGET 5888 AND 5800.
NO TRADE ZONE 5977-6066.

Buy Jubilant Food with target price of Rs 1380: Mitesh Thacker 

Jubilant Food is a ‘Buy’ with a target of Rs 1380 and a stop loss of Rs 1304.

Buy Hindalco with target price of Rs 128: Mitesh Thacker 

Hindalco is a ‘Buy’ with a target of Rs 128 and a stop loss of Rs 117.

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Buy Sesa Sterlite with target price of Rs 205: Ashwani Gujral 

Sesa Sterlite is a ‘Buy’ with a target of Rs 205 and a stop loss of Rs 170.

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Buy BHEL with target price of Rs 162: Ashwani Gujral  BHEL is a ‘Buy’ with a target of Rs 162 and a stop loss of Rs 146. Buy Apollo Tyres with target price of Rs 92: Ashwani Gujral  Apollo Tyres is a ‘Buy’ with a target of Rs 92 and a stop loss of Rs 78.