Stock Tips And Nifty Tips For 22/05/2013

NIFTY OUTLOOK FOR 22/05/2013

GLOBAL MARKETS GETTING VOLATILE AT HIGH
LEVELS. COMMODITY MARKETS ALSO GETTING
VOLATILE. NIFTY CLOSES AT 6114.

BEARS WILL MORE ACTIVE BELOW 6088.
BULLS HAVE TO DEFEND 6088 ON CLOSING BASIS.
ELSE BEARS WILL TAKE THE DRIVER SEAT.

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

ON THE UP SIDE,
BULLS CAN TARGET 6311 AFTER A CLOSE
ABOVE 6222.

ON THE DOWNSIDE,
BEARS CAN BE MORE ACTIVE BELOW 6088.
5866 AND 5777 ARE THE DREAM DESTINATIONS
FOR BEARS.

Accumulate Akzo Nobel in the paint sector: G Chokkalingam 

"In fact this morning it has announced Rs 8 dividend including Rs 60 special dividend and it gives you more than 7% dividend yield "

I would not recommend a buy on Divi’s Lab at this point: G Chokkalingam 

" I would have more biased on the midcap pharma stocks which have not participated at all in the rally. I would not recommend a buy on Divi’s Lab at this point."

Buy Voltas for medium to long term : G Chokkalingam
ET Now 21 May 2013, 15:19

" Definitely the long term investors can still accumulate Voltas at the current price."

Little cautious on both autos and FMCG: G Chokkalingam 

"We focus on some of the auto component companies because they have not participated in the rally"

Buy BHEL with a stop loss of Rs 202: Ashwani Gujral 

BHEL is a buy with a stop loss of Rs 202, target of Rs 215

Buy Syndicate Bank with a stop loss of Rs 134: Ashwani Gujral 

Syndicate Bank is a buy with a stop loss of Rs 134, target of Rs 142.

Buy United Spirits with a target of Rs 2510: Ashwani Gujral 

United Spirits is a buy call with a target of Rs 2510 and a stop loss of Rs 2400."