Stock Tips And Nifty Tips For 10/04/2013

NIFTY OUTLOOK FOR 10/04/2013

EVERY RISE USED BY THE BEARS TO SHORT.
ALSO DII AND FII LEAVING FROM STOCKS
AT EVERY BOUNCE.

NIFTY CLOSES WELL BELOW 5511 AT 5495.
BEARS CAN TARGET 5466 AND 5422.

BULLS CAN BREATH ONLY AFTER A CLOSE
ABOVE 5644 AS NOW 200DMA AT 5639.

THE REST ARE REMAIN SAME AS FOLLOWS,

ASTRO SIGNALS BEARISH TREND FOR NIFTY
UP TO 19TH APRIL. BUT ASTRO ALSO
GIVE BULLISH SIGNALS FOR BANK NIFTY.

SO WE HOPE FOR 5422-5777 RANGE TRADING
FOR THE NEXT TWO WEEKS.

BANKING, INFRA, AND ADAG STOCKS WILL
TRADE IN GREEN.

RIL, IT, STEEL, AND AUTO STOCKS WILL
TRADE IN RED.

NIFTY TRADING BELOW 200DMA, NOW AT 5641.
THE NEXT BIG SUPPORT IS AT 5422.
ON THE UPSIDE ONLY AFTER A CLOSE ABOVE
5777 BULLS CAN TAKE THE DRIVER SEAT.

Avoid long positions as Nifty may slip below 5,350

Nifty extended losses for fifth consecutive session and closed below psychological 5,500 mark after FIIs turned sellers in Indian equities.

Buy Voltas with a target of Rs 84: Ashwani Gujral  "Voltas is a buy call with a target of Rs 84 and a stop loss of Rs 75." Sell Reddy Laboratories with a target of Rs 1885: CK Narayan  "Reddy Laboratories is a sell call with a target of Rs 1885 and a stop loss of Rs 1940." Buy Cairn Energy with a target of Rs 285: CK Narayan  " Cairn Energy is a buy call with a target of Rs 285." Buy Larsen & Toubro with a target of Rs 1390: Ashwani Gujral  " Larsen & Toubro is a buy call with a target of Rs 1390 and a stop loss of Rs 1345." Buy Jindal Steel & Power with a target of Rs 352: Ashwani Gujral  "Jindal Steel & Power is a buy call with a target of Rs 352 and a stop loss of Rs 335." Buy IDFC with a target of Rs 155: Ashwani Gujral  "IDFC is a buy call with a target of Rs 155 and a stop loss of Rs 142." ........................................................................... Sell Pantaloon Retail with target of Rs 144: Ashwani Gujral  "Pantaloon Retail is a sell call with target of Rs 144 and stop of Rs 156."