BULLS ARE WITH COMPLETE CONTROL.

FRIDAY SEE A WEEKLY CLOSE ABOVE 6300.

ON FRIDAY 50DMA JUMP OVER THE 200DMA.
NOW 50DMA IS AT 5862 AND 200DMA IS AT 5856.
THIS GOLDEN CROSS OVER TELLS US THAT
NIFTY IS SHIFTING IN TO LONG TERM
BULLISH TREND.

NOW BULLS ARE ON THE WAY TO 6444/6511
BEFORE THAT RETESTING THE 6244-66 ON CARD
IN THIS WEEK AHEAD.
BUT THE TREND IS UP AS LONG AS
NIFTY HOLD 6200 ON CLOSING BASIS.

SO THE DIRECTION IS,
BULLISH ABOVE 6333 TARGET 6511.
BEARISH BELOW 6200 TARGET 6000.

Buy Federal Bank with a target of Rs 90: Mitesh Thacker

Buy Federal Bank with a stoploss of Rs 81.25 for a target of Rs 90: Mitesh Thacker.

Buy PFC with a target of Rs 152: Ashwani Gujral

Buy PFC with a stoploss of Rs 138 for a target of Rs 152: Ashwani Gujral.

Buy Union Bank with a target of Rs 145: Ashwani Gujral

Buy Union Bank with a stoploss of Rs 130 for a target of Rs 145: Ashwani Gujral.