Stock Tips And Nifty Tips for 19/03/2013

NIFTY OUTLOOK FOR 19/03/2013

BEARS SEE A CLOSE BELOW 5844 AT 5835.
5800 AND 5755 ARE THE NEXT TARGET
FOR BEARS.

BUT, RBI POLICY MEET ON THE WAY
ON TUESDAY. UPA NOW DOING NEGOTIATIONS
WITH ITS PARTNER DMK REGARDING LANKA
ISSUE. GLOBAL MARKETS ALSO RECOVERING
FROM EARLY LOSES.

SO NEWS FLOWS WILL GUIDE THE MARKET
ON TUESDAY.

REST ARE REMAIN SAME AS FOLLOWS,
THE PIVOT POINT IS 5888 FOR NIFTY.
CLOSE ABOVE 5933 WILL BRING MORE GREEN
AND BULLS CAN MOVE TOWARDS 6111.

CLOSE BELOW 5844 WILL BRING MORE SELLING
AND BEARS CAN TARGET 5755.

AS POSTED EARLIER,
THE DOLLAR INDEX TRADING AT 83.
NOW FII’S ATTENTIONS TURNING TOWARDS
DOLLAR INDEX. BULLS HAVE TO TAKE
OVER THIS WITH SOME VOLATILE MOVES.

NOW THE LONG TERM TREND LINE NOW
PLACED AT 6111-33 LEVEL.
THIS LEVEL SEEMS BIG RESISTANCE FOR BULLS.
ABOVE 6133 NEW LIFE TIME HIGH IS THE TARGET.

ON THE DOWNSIDE,
NOW 5844 AND 5800 ARE GOOD SUPPORTS.
5755 IS THE MAXIMUM DREAM OF BEARS.

Sell Adani Enterprises Ltd with a price target of Rs 228: Ashwani Gujral

Sell Adani Enterprises Ltd with a stop loss of about Rs 242.

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Sell IDFC Ltd with a price target of Rs 148: Ashwani Gujral 

Sell IDFC Ltd with a stop loss of about Rs 156.

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Buy Colgate-palmolive Ltd with a price target of Rs 1,365: Ashwani Gujral 

Buy Colgate-palmolive Ltd with a stop loss of about Rs 1,320.

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Sell Grasim Industries Ltd with a price target of Rs 2,900: Mitesh Thacker 

Sell Grasim Industries Ltd with a stop loss of about

Rs 3,011.

Buy Cipla Ltd with a price target of Rs 400: Mitesh Thacker Buy Cipla Ltd with a stop loss of about Rs 384.