Stock Tips And Nifty Tips For 07/08/2013

NIFTY OUTLOOK FOR 07/08/2013

USD/INR TRADING AT 61.62.
CRUDE TRADING ABOVE 105 AT 106.15.
BEARS TAKES MARKETS IN CONTROL.
TAKES AWAY 5600, AND 5550.
NIFTY CLOSES AT 5542.

THE NEXT BIG SUPPORT FOR BULLS IS
LONG TERM TREND LINE SUPPORT IS AT
5466-5511 LEVEL. ANY CLOSE BELOW
THIS LEVEL ON FRIDAY TELLS US WE ARE
SLIPPING IN TO BEAR MARKET.

ON THE UPSIDE,
WE HOPE BULLS CAN DEFEND 5466-5511 LEVEL.
BUT, BULLS HAVE TO SEE A CLOSE ABOVE 5852-200DMA.
THEN ONLY THEY CAN BREATH.

Sell BPCL with a target of Rs 245: Ashwani Gujral 

" BPCL is a sell call with a target of Rs 245 and a stop loss of Rs 268."

Sell IndusInd bank with a target of Rs 345: Ashwani Gujral 

"IndusInd bank is a sell call with a target of Rs 345 and a stop loss of Rs 375."

Sell Canara Bank with a target of Rs 230: Ashwani Gujral 

"Canara Bank is a sell call with a target of Rs 230 and a stop loss of Rs 246."

Sell Reliance with a target of Rs 830: Sandeep Wagle 

"Reliance is a sell call with a target of Rs 830 and a stop loss of Rs 860."

Sell Godrej Industries with a target of Rs 230 : Sandeep Wagle 

"Godrej Industries is a sell call with a target of Rs 230 and a stop loss of Rs 248."

Sell IndusInd Bank with a target of Rs 340: Sandeep Wagle 

" IndusInd Bank is a sell call with a target of Rs 340 and a stop loss of Rs 373."