Stock Tips and Nifty Tips 05/02/2014

NIFTY OUTLOOK FOR 05/02/2014

NIFTY SLIP BELOW 200DMA-5966, MADE A LOW
OF 5933 AND RECOVERED TO CLOSE FLAT.
SO THE TECHNICALS REMAIN SAME AS FOLLOWS,

5955-77 IS GOOD SUPPORT LEVEL.
5911 AND 5822 ARE THE NEXT SUPPORTS.
BULLS HAVE TO SEE A CLOSE ABOVE 6188
TO APPLY BREAKS ON THIS DOWN MOVE.

AS POSTED HERE,
GLOBAL MARKETS STARTING FOR CORRECTION.
DOLLAR INDEX BOUNCING ABOVE 81.
ELECTIONS AND NEWS FLOWS ARE ON THE WAY.
NIFTY GETTING READY FOR VOLATILE MOVES.

WEEKLY CHARTS HAVING TREND LINE SUPPORT
AT 5755 LEVEL.

THE LONG TERM TREND LINE IN THE MONTHLY
CHART IS NOW AT 5622 LEVEL.

BEARS MAY TEST ANY ONE THE ABOVE LINES
BEFORE 18/02/2014.

Buy CESC with target price of Rs 455: Mitesh Thacker 

CESC is a 'BUY' call with a target of Rs 455 and a stop loss of Rs 434.

Buy TVS Motors with target price of Rs 90: Mitesh Thacker 

TVS Motors is a 'BUY' call with a target of Rs 90 and a stop loss of Rs 81.75.

Buy CESC with target price of Rs 462: Ashwani Gujral 

CESC is a 'BUY' call with a target of Rs 462 and a stop loss of Rs 435.

Sell United Spirits with target price of Rs 2,450: Ashwani Gujral 

United Spirits is a 'SELL' call with a target of Rs 2,450 and a stop loss of Rs 2,530.