Stock Tips And Nifty Tips For 21/05/2013

NIFTY OUTLOOK FOR 21/05/2013

BULLS HAVE NO VALID REASONS TO GO
ABOVE 6222. ONLY TECHNICALS AND GLOBAL
TRENDS HELPING THEM. CAUTION NEEDED.

TODAY PROFIT BOOKING SEEN AT 6222 LEVEL.
RESULTING A CLOSE AT 6156.

BULLS CAN TARGET 6311 AFTER A CLOSE
ABOVE 6222.

ON THE DOWNSIDE,
BEARS HAVE TO WAIT FOR CLEAR TREND
REVERSAL. AVOID SHORTING AT HIGH LEVEL.
6133 AND 6088 THE ARE SUPPORTS FOR BULLS.
BEARS CAN BE MORE ACTIVE BELOW 6088.
5866 AND 5777 ARE THE DREAM DESTINATIONS
FOR BEARS.

Buy Reliance Capital with a target of Rs 400: Mitesh Thacker 

Reliance Capital is a ‘BUY’ call with a target of Rs 400 and a stop loss of Rs 384.

Buy Ashok Leyland with a target of Rs 25.25: Mitesh Thacker 

Ashok Leyland is a ‘BUY’ call with a target of Rs 25.25 and a stop loss of Rs 23.90.

Sell Lupin with a target of Rs 745: Ashwani Gujral 

Lupin is a ‘SELL’ call with a target of Rs 745 and a stop loss of Rs 778.

Buy Reliance Communication with a target of Rs 124: Ashwani Gujral 

Reliance Communication is a ‘BUY’ call with a target of Rs 124 and a stop loss of Rs 112.

Buy Reliance Capital with a target of Rs 406: Ashwani Gujral 

Reliance Capital is a ‘BUY’ call with a target of Rs 406 and a stop loss of Rs 384.

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Buy Bajaj Auto with a target of Rs 1920: Sandeep Wagle 

Bajaj Auto is a ‘BUY’ call with a target of Rs 1920 and a stop loss of Rs 1850.

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Buy Biocon with a target of Rs 271: Sandeep Wagle

Biocon is a ‘BUY’ call with a target of Rs 271 and a stop loss of Rs 285.