Stock Tips and Nifty Tips 23/12/2013

NIFTY OUTLOOK FOR 23/12/2013

LOT OF CONSOLIDATION.
LOT OF VOLATILE MOVES.
BUT THE LEVEL 6133-55 GIVE GOOD SUPPORT.
BULLS MANAGE TO SEE A WEEKLY CLOSE
ABOVE 6244 AT 6274.

NOW BULLS ARE ON THE WAY TO 6422.
LOT OF CONSOLIDATION EXPECTED AT 6422.
ABOVE 6422 BULLS CAN MOVE TOWARDS 6711.

NOW 6133-55 IS IMPORTANT SUPPORT.
BELOW 6133 BEARS WILL GET ACTIVE.
6044 AND 5955 TARGETS ARE STILL VALID.

FED STARTED TAPERING, BUT LOWER
THAN EXPECTED. US MARKETS SEARCHING
NEW HIGHS. BUT EMERGING MARKETS
GETTING VOLATILE.
RBI LEAVE ALL THE RATES AS IT IS.

Buy Karnataka Bank with target price of Rs 112: Ashwani Gujral 

Karnataka Bank is a ‘Buy’ with a target of Rs 112 and a stop loss of Rs 99.

Buy Tata Global Beverage with target price of Rs 162: Ashwani Gujral 

Tata Global Beverage is a ‘Buy’ with a target of Rs 162 and a stop loss of Rs 148.

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Buy Hexaware with target price of Rs 135: Ashwani Gujral  Hexaware is a ‘Buy’ with a target of Rs 135 and a stop loss of Rs 122. Bank Nifty refusing to participate in current rally: Ashwani Gujral  "The Bank Nifty is refusing to participate in this rally. You are not getting that momentum which takes the Nifty up 120 points," Gujral said. Buy Lupin with target of Rs 950: Mitesh Thacker  Lupin is a ‘Buy’ with a target of Rs 950 and a stop loss of Rs 904. Buy GMR Infra with target of Rs 24.50: Mitesh Thacker  GMR Infra is a ‘Buy’ with a target of Rs 24.50 and a stop loss of Rs 21.60.