Stock Tips And Nifty Tips For 07/02/2014

NIFTY OUTLOOK FOR 07/02/2014

BULLS NOT ABLE TO SUSTAIN THE EARLY GAINS.
NIFTY SLIP DOWN TO 5965 AGAIN GET SUPPORT
FROM 200 DMA NOW@5972 AND CLOSES AT 6036.

ALL BOUNCES UP TO 6155 WILL BE
SHORTED BY BEARS.

5955-77 IS GOOD SUPPORT LEVEL.
IF NIFTY SLIP BELOW 5955 THEN,
5866 AND 5755 ARE THE NEXT SUPPORTS.

BULLS HAVE TO SEE A CLOSE ABOVE 6177
TO APPLY BREAKS ON THIS DOWN MOVE.

WEEKLY CHARTS HAVING TREND LINE SUPPORT
AT 5755 LEVEL.

THE LONG TERM TREND LINE IN THE MONTHLY
CHART IS NOW AT 5622 LEVEL.

BEARS MAY TEST ANY ONE THE ABOVE LINES
BEFORE 18/02/2014.

Sell Adani Enterprises with a target of Rs 212: Sandeep Wagle 

Adani Enterprises is a ‘SELL’ call with a target of Rs 212 and a stop loss of Rs 232.

Buy Coal India with a target of Rs 279: Sandeep Wagle 

Coal India is a ‘BUY’ call with a target of Rs 279 and a stop loss of Rs 257.

Buy Tata Communications with a target of Rs 308: Sandeep Wagle 

Tata Communications is a ‘BUY’ call with a target of Rs 308 and a stop loss of Rs 288.

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Buy Cairn India Ltd with a target of Rs 338: Mitesh Thacker 

Buy Cairn India Ltd at a stop loss of Rs 324 and target of Rs 338.

Buy Hindustan Unilever Ltd with a target of Rs 595: Mitesh Thacker 

Buy Hindustan Unilever Ltd at a stop loss of Rs 574 and target of Rs 595.