NIFTY OUTLOOK FOR 27/09/2013

NIFTY SHIFT TO NEXT SERIES WITHOUT
ANY VOLATILE MOVES.
BOTH BULLS AND BEARS HAVE NO
HOPES ON THERE DIRECTION.

MARKET WAITING FOR DIRECTION.
IF BULLS GET GREEN SIGNAL
TESTING 6155 AGAIN ON CARD.

IF BEARS GET OK, THEN 5666
MAY BE RE TESTED.

REST ARE REMAIN SAME,
THE TREND IS BEARISH AS LONG AS
NIFTY CLOSES BELOW 5977.
BULLS CAN BECOME ACTIVE ABOVE 6022.

TODAY NIFTY SLIP BELOW 5854.
SO THAT,
BEARS CAN TARGET 5733-5777 LEVEL.

BULLS HAVE TO MAKE A CLOSE ABOVE
5977 TO TERMINATE ABOVE VIEW.
BUT BULLS ARE SHIFTING TO 5666-755.

MORE VOLATILE EXPECTED ON THURSDAY.
ON FRIDAY MARKET MAY GIVE CLEAR
DIRECTION FOR NEXT WEEK.

Sell Aditya Birla Nuvo with a target of Rs 1150: Mitesh Thacker

Aditya Birla Nuvo is a ‘Sell’ with a target of Rs 1150 and a stop loss of Rs 1203.

Sell Divi's Laboratories Ltd. with a target of Rs 940: Mitesh Thacker

Divi's Laboratories Ltd. is a ‘Sell’ with a target of Rs 940 and a stop loss of Rs 991.

Buy Exide with a target of Rs 144: Mitesh Thacker

Exide is a ‘Buy’ with a target of Rs 144 and a stop loss of Rs 128.

Sell JSPL with a target of Rs 230: Ashwani Gujral

JSPL is a ‘Sell’ with a target of Rs 230 and a stop loss of Rs 245.

Buy Idea with a target of Rs 180: Ashwani Gujral

Idea is a ‘Buy’ with a target of Rs 180 and a stop loss of Rs 169.