Stock Tips And Nifty Tips For 08/08/2013

NIFTY OUTLOOK FOR 08/08/2013

USD/INR TRADING AT 61.47.
CRUDE TRADING ABOVE 105 AT 105.33.
BEARS TODAY TESTED THE LONG TERM
TREND LINE PLACED AT 5466-5511 LEVEL.
LITTLE BOUNCE SEEN AT 5488 LEVEL.

THURSDAY CLOSING IS IMPORTANT.
ANY WEEKLY CLOSE BELOW 5466 WILL BRING
MORE BEARS AND PANIC SELLING.

ALSO,ANY CLOSE BELOW
THIS LEVEL ON THURSDAY TELLS US, THAT
WE ARE SLIPPING IN TO THE BEAR MARKET.

ON THE UPSIDE,
WE HOPE BULLS CAN DEFEND 5466-5511 LEVEL.
BUT, BULLS HAVE TO SEE A CLOSE ABOVE 5852-200DMA.
THEN ONLY THEY CAN BREATH.

Sell TCS for a target of Rs 1810: Sandeep Wagle 

TCS is a sell call for a target of Rs 1810 and a stop loss of Rs 1860.

Sell Sun Pharma for a target of Rs 500: Sandeep Wagle 

Sun Pharma is a sell call for a target of Rs 500 and a stop loss of Rs 533.

Buy Yes Bank for a target of Rs 315: Sandeep Wagle 

Yes Bank is a buy call for a target of Rs 315 and a stop loss of Rs 287.

...........................................................................

Buy Reliance Communication with a target of Rs 135: Ashwani Gujral 

Reliance Communication is a buy call with a target of Rs 135 and a stop loss of Rs 122.

Sell Asian Paints with a target of Rs 395: Ashwani Gujral 

Asian Paints is a sell call with a target of Rs 395 and a stop loss of Rs 420