NIFTY OUTLOOK FOR 13/08/2013

USD/INR TRADING AT 61.21.
CRUDE TRADING BELOW 105 AT 105.55.
BULLS START TO MOVE UP SIDE.
SBI RESULTS PULLS DOWN BANK NIFTY.
FM SPEECH LIFT USD/INR.
ANY HOW BULLS MANAGE TO CLOSE ABOVE 5600.

WEDNESDAY LOW 5487 IS DECIDING FACTOR.
ANY CLOSE BELOW 5488 WILL BRING
MORE BEARS AND PANIC SELLING.

ON THE UPSIDE,
BULLS DEFEND 5488 LAST WEEK.
A CLOSE ABOVE 5666 CAN BRING BREATH TO BULLS.
BUT, BULLS HAVE TO SEE A CLOSE ABOVE 5852-200DMA.
THEN ONLY THEY CAN MOVE FORWARD TOWARDS 6333.

SBI continues to be disturbing: P Phani Sekhar

SBI continues to be disturbing and as far as other results such as Marico in midcap FMCG is concerned there again results have been exceptionally strong.

Tech Mahindra can re-rate to about 12.5-13 times: P Phani Sekhar

You can look at the return of somewhere around 18% to 20% over a timeframe of 9 to 12 months assuming that everything falls into place.

Sun Pharma, Cipla already been re-rated a lot: P Phani Sekhar

They have already been re-rated a lot so I guess there is little scope at least in the longer term perspective for that to happen

Buy into the metal space: Ashwani Gujral

BT/STs need to play on the current immediate short term trend. Buy into the metal space which is looking like it is ready for a pullback.

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Free Tips Of [ 13 -8 -2013 ]