NIFTY OUTLOOK FOR 03/03/2014

DOLLAR INDEX SLIPPING BELOW 80.
USD/INR TRADING BELOW 62.
DOW TRADING AT LIFE TIME HIGH.

BULLS HAVE LOT OF REASONS TO MOVE
BEYOND 6333 AND 6422.
BUT ELECTION DATES ARE ON CARD.
NO CLEAR ALLIES FORMED.

NO ONE READY TO TAKE BIG POSITIONS
ON THE LONG SIDE. VOLUMES GETTING
LOWER.

THREE MONTHS OF CHOPPY TRADE GETTING
OVER IN THIS WEEK END. HIGH VOLATILE
DAYS ARE AHEAD OF US UP TO JUNE 3014.

THE WEEKLY PIVOT IS 6222.
ALL THE CLOSES ABOVE 6222 ARE BULLS AREA.
THEY CAN MOVE TOWARDS 6355, 6400 AND 6444.

ANY CLOSE BELOW 6222 WILL BRING
BACK THE BEARS. THEN BEARS HAVE
6133 AND 6044 AS WEEKLY TARGETS.

Buy Biocon with target price of Rs 472: Mitesh Thacker

Biocon is a 'BUY' call with a target of Rs 472 and a stop loss of Rs 444.

Buy Glenmark with target price of Rs 595: Mitesh Thacker

Glenmark is a 'BUY' call with a target of Rs 595 and a stop loss of Rs 558.

Buy Lupin with target price of Rs 1025: Ashwani Gujral

Lupin is a 'BUY' call with a target of Rs 1025 and a stop loss of Rs 960.

Buy Adani Ports with target price of Rs 172: Ashwani Gujral

Adani Ports is a 'BUY' call with a target of Rs 172 and a stop loss of Rs 160.

Buy Tech Mahindra with target price of Rs 1925: Ashwani Gujral

Tech Mahindra is a 'BUY' call with a target of Rs 1925 and a stop loss of Rs 1850.

Buy HT Media with target price of Rs 90: Ashwani Gujral

HT Media is a 'BUY' call with a target of Rs 90 and a stop loss of Rs 74.

Buy Astrazeneca with target price of Rs 950: Ashwani Gujral

Astrazeneca is a 'BUY' call with a target of Rs 950 and a stop loss of Rs 875.

Buy Mahindra Life with target price of Rs 375: Ashwani Gujral

Mahindra Life is a 'BUY' call with a target of Rs 375 and a stop loss of Rs 335.

Buy Geometric Software with target price of Rs 131: Ashwani Gujral

Geometric Software is a 'BUY' call with a target of Rs 131 and a stop loss of Rs 115.

NSE STOCKS