Stock Tips and Nifty Tips 13/12/2013

NIFTY OUTLOOK FOR 13/12/2013

INFLATION ABOVE EXPECTATION.
IIP NUMBERS BELOW EXPECTATION.
ELECTION ON THE WAY.
RBI HAVE TO DO SOME HARD WORK.

GAP DOWN OPENING EXPECTED ON FRIDAY.
SUPPORTS ARE AT 6200 AND AT 6155.

AS POSTED HERE,
SLIPPING BELOW 6266 WILL PUT IN THE
6155-6333 RANGE.

ON THE DOWNSIDE,
NOW 6155 LOOKS LIKE GOOD SUPPORT.
BEARS ARE WAITING BELOW 6155.
BEARS CAN GET MORE ACTIVE BELOW 6111.
THEN THEY CAN TARGET 5977 AND 5888.

ON THE UPSIDE,
BULLS CAN MAKE FURTHER MOVE
ONLY ABOVE 6333.

AS PER ASTRO,
————-

FOR NIFTY,
DOWN TREND SEEN UP TO 16/12/2013.
BULLISH MOVES STARTING FROM 16TH NOON.

Sell Dr Reddy’s Labs with a target of Rs 2340: Mitesh Thacker  Sell Dr Reddy’s Labs with a target of Rs 2340 and a stop loss of Rs 2431: Mitesh Thacker. Buy Bata with a target of Rs 1075: Ashwani Gujral  Buy Bata with a target of Rs 1075 and a stop loss of Rs 1000: Ashwani Gujral. Sell Voltas with a target of Rs 108: Ashwani Gujral  Sell Voltas with a target of Rs 108 and a stop loss of Rs 120: Ashwani Gujral. Sell Aurobindo Pharma with a target of Rs 290: Ashwani Gujral  Sell Aurobindo Pharma with a target of Rs 290 and a stop loss of Rs 306: Ashwani Gujral.