Stock Tips And Nifty Tips For 20/03/2013

NIFTY OUTLOOK FOR 20/03/2013

BEARS ARE PLAYING THE INNINGS.
DMK WITHDRAW ITS SUPPORT TO UPA.
RBI LEAVES MOST OF THE RATES AS IT IS.
BEARS MAKE USE OF THE ABOVE EVENTS,
HIT 5724 AND CLOSE AT 5745.

THE BIG SUPPORT 5733-33 TESTED TODAY,
BUT NIFTY CLOSES AT THIS LEVEL.

THE NEXT SUPPORT IS AT 5600 THE 200DMA.

BULLS HAVE TO SEE A CLOSE ABOVE 5844
TO GET SOME BREATH.

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.

.........................................................

Buy Lupin with a price target of Rs 635: Mitesh Thacker

"Lupin is a ‘BUY’ call with a target of Rs 635 and a stop loss of Rs 604."

.......................................................................

Buy Allahabad Bank with a price target of Rs 142: Ashwani Gujral 

"Allahabad Bank is a ‘BUY’ call with a target of Rs 142 and a stop loss of Rs 130."

Buy Birla Nuvo with a price target of Rs 1035: Ashwani Gujral

"Birla Nuvo is a ‘BUY’ call with a target of Rs 1035 and a stop loss of Rs 985."

Sell Century Textile with a price target of Rs 287: Ashwani Gujral

"Century Textile is a ‘SELL’ call with a target of Rs 287 and a stop loss of Rs 305."

Sell Mahindra & Mahindra with a price target of Rs 880: CK Narayan 

"Mahindra & Mahindra is a ‘SELL’ call with a target of Rs 880 and a stop loss of Rs 910."

Buy Ipca Laboratories with a price target of Rs 570: CK Narayan 

"Ipca Laboratories is a ‘Buy’ call with a target of Rs 570 and a stop loss of Rs 520."

Buy Sun pharma with a price target of Rs 862: Ashwani Gujral 

"Sun pharma is a ‘BUY’ call with a target of Rs 862 and a stop loss of Rs 837."