Stock Tips and Nifty Tips 05/03/2014

NIFTY OUTLOOK FOR 05/03/2014

GLOBAL MARKETS TURN INTO GREEN AS
WAR CRISIS GET OVER. BULLS KISS 6300
AND CLOSES AT 6297.

ABOVE 6311 BULLS CAN TARGET 6355.
BUT THIS 6311-6355 HAVE LOT OF
RESISTANCE. CLOSE ABOVE 6355 NEEDED
FOR CLEAR BULL MOVE TOWARDS 6444.

AS POSTED HERE,
NO ONE READY TO TAKE BIG POSITIONS
ON THE LONG SIDE. VOLUMES GETTING
LOWER.

THREE MONTHS OF CHOPPY TRADE GETTING
OVER IN THIS WEEK END. HIGH VOLATILE
DAYS ARE AHEAD OF US UP TO JUNE 3014.

THE WEEKLY PIVOT IS 6222.
ALL THE CLOSES ABOVE 6222 ARE BULLS AREA.
THEY CAN MOVE TOWARDS 6355, 6400 AND 6444.

ANY CLOSE BELOW 6222 WILL BRING
BACK THE BEARS. THEN BEARS HAVE
6133 AND 6044 AS WEEKLY TARGETS.

Buy Maruti with target price of Rs 1650: Ashwani Gujral 

Maruti is a 'BUY' call with a target of Rs 1650 and a stop loss of Rs 1570.

Buy ICICI Bank with target price of Rs 1115: Ashwani Gujral 

ICICI Bank is a 'BUY' call with a target of Rs 1115 and a stop loss of Rs 1050.

Buy UltraTech with target price of Rs 1910: Ashwani Gujral 

UltraTech is a 'BUY' call with a target of Rs 1910 and a stop loss of Rs 1850.

Buy L&T with target price of Rs 1150: Mitesh Thacker 

L&T is a 'BUY' call with a target of Rs 1150 and a stop loss of Rs 1098.

Buy Crompton Greaves with target price of Rs 140: Mitesh Thacker 

Crompton Greaves is a 'BUY' call with a target of Rs 140 and a stop loss of Rs 128.