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."
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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