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Tuesday, June 25, 2013

Stock Tips And Nifty Tips For 26/06/2013

NIFTY OUTLOOK FOR 26/06/2013

RUPEE TRADING AT 59.66
TODAY ASIAN MARKETS START TO FALL.
BEARS TOUCH 5570 AGAIN.
BULLS MANAGE TO CLOSE ABOVE 5600.

BULLS NEED A CLOSE ABOVE 5688,
THEN A CLOSE ABOVE 5733 FOR FURTHER
UP MOVES.

ON THE DOWNSIDE,
THE TREND LINE SUPPORT IS NOW
AT 5400-22 LEVEL.

SO, BEARS ARE ON THE WAY TO 5400.
5488 SEEMS GOOD SUPPORT BEFORE 5400.

I would give a strong buy on NMDC: G Chokkalingam
"It is a steal at the current price, you will get definitely if not 7% around 6% dividend yield for the current year. "

Cairn, a great stock to hold for medium to long term investments: G Chokkalingam
"At current price it is a great stock to hold for medium to long term investments."

Sell JSW Steel with a target of Rs 630: Mitesh Thacker 
"JSW Steel is a sell call with a target of Rs 630 and a stop loss of Rs 672.25"

Buy Idea with a target of Rs 148: Mitesh Thacker
Idea is a buy call with a target of Rs 148 and a stop loss of Rs 136."

ONGC a good long term play: G Chokkalingam 
"ONGC is a great long term play because last three-four years they have been consistently buying oil assets outside the country "

Buy RIL with a target of Rs 840: Ashwani Gujral
"RIL is a buy call with a target of Rs 840 and a stop loss of Rs 805."

Buy ITC with a target of Rs 332: Ashwani Gujral 
"ITC is a buy call with a target of Rs 332 and a stop loss of Rs 316."

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