NIFTY OUTLOOK FOR 23/10/2013

AGAIN BULLS DEFEND 6200 ON CLOSING.
TIGHT RANGE AND CONSOLIDATION GOING ON.

LITTLE CORRECTION OR RETESTING 5822
WILL HELP NIFTY TO JUMP OVER 6333.

OTHERS REMAIN SAME AS FOLLOWS,
NOW BULLS MOVING TOWARDS 6222-44 LEVEL.
SOME RESISTANCE EXPECTED AT THIS LEVEL.

SOME CONSOLIDATION EXPECTED AT THIS LEVEL.
BUT LOT OF ACTION EXPECTED IN HIGH BETA
MIDCAP STOCKS.

THE TECHNICAL FOR THIS WEEK,
ABOVE 6244 BULLS CAN TARGET 6333.
BELOW 6111 BEARS CAN TARGET 6022/5933/5755.

Buy JSW Energy with target price of Rs 50: Mitesh Thacker

JSW Energy is a ‘Buy' with a target of Rs 50 and a stop loss of Rs 47.

Sell Cipla Ltd with target price of Rs 405: Prakash Gaba

Cipla Ltd is a ‘Sell’ with a target of Rs 405 and a stop loss of Rs 417.

Sell Ambuja Cement with target price of Rs 187: Prakash Gaba

Ambuja Cement is a ‘SELL’ call with a target of Rs 187 and a stop loss of Rs 198.

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Buy Hindalco Industries Ltd with target price of Rs 131 Mitesh Thacker

Hindalco Industries Ltd. is a ‘Buy' with a target of Rs 131 and a stop loss of Rs 114.90.

Buy Cairn India Ltd. with target price of Rs 350: Mitesh Thacker

Cairn India Ltd. is a ‘Buy' with a target of Rs 350 and a stop loss of Rs 329.

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UnknownOctober 25, 2013 at 2:26 AM
Inflationary pressures in the economy are likely to continue due to lower interest rates and US stimulus package still in place.
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UnknownNovember 12, 2013 at 11:30 PM
TODAY THE Cipla OPENS AT 414.60 WITH A LOSS OF -6.35 (-1.51%) POINTS SO CAN YOU UPDATE TREND FOR TODAY FOR THE SAME
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