Stock Tips And Nifty Tips For 13/03/2014

NIFTY OUTLOOK FOR 13/03/2014

BEARS ARE NOT ABLE TO MOVE BELOW 6488.
BULLS ARE NOT ABLE TO MOVE ABOVE 6555.
SO CONSOLIDATION GOING ON. SMART MONEY
SHIFTING FORM SECTOR TO SECTOR.

ELECTION NEWS, GLOBAL TRENDS, AND NEWS
FLOWS HAVE TO COME TO GIVE
DIRECTION TO THE NIFTY.

AS POSTED EARLIER,
AGAIN TAPERING FEAR STARS IN US.
ASIAN MARKETS GET READY FOR CORRECTION.
SO LOT OF VOLATILE MOVES EXPECTED.

AS, 6355 IS BREAK OUT POINT, NIFTY MAY
RE-TEST THIS LEVEL BEFORE MAKING
ANOTHER UP MOVE.

ALL THE REST REMAIN SAME,
FIRST TIME BULLS SEE A WEEKLY CLOSE
ABOVE 6400 AT 6526. BUT FOR THE MAJOR
BREAK OUT OF THE ASCENDING TRIANGLE
PATTERN FORMED IN MONTHLY CHART
NEED A MONTHLY CLOSE ABOVE 6355.

BULLS GAINED LOT OF MOMENTUM TO
MOVE TOWARDS 6600 AND 6688.
BUT SOME PROFIT BOOKING EXPECTED
BEFORE THAT MOVE.

NOW THE WEEKLY PIVOT IS 6422.
ALL THE CLOSE ABOVE 6422 ARE BULLS
AREA. THEY HAVE 6600 AND 6688 TARGETS.

BEARS CAN BREATH BELOW 6422.
BELOW 6422, BEARS HAVE 6333 AND 6244
AS TARGETS.

Sell PFC with a target of Rs 157: Mitesh Thacker 

Sell PFCat a target of Rs 157 and stop loss of Rs 169.50.

Buy Dish TV with a target of Rs 56: Mitesh Thacker 

Buy Dish TVat a target of Rs 56 and stop loss of Rs 48.50.

Buy Petronet LNG with a target of Rs 133: Prakash Gaba 

Buy Petronet LNG at a target of Rs 133 and stop loss of Rs 125.

Buy Mcleod Russel with a target of Rs 305: Prakash Gaba 

Buy Mcleod Russel at a target of Rs 305 and stop loss of Rs 285.