Stock Tips and Nifty Tips 26/08/2014

NIFTY OUTLOOK FOR 26/08/2014

BULLS TOUCH 7968 IN MORNING HOURS.

BUT LATER, APEX COURT ORDER APPLY

BREAK ON THE BULLS MOVE.

NIFTY CLOSES FLAT AT 7906.

ANY CLOSE BELOW 7822 WILL BRING MORE

BEARS AND MORE DOWNSIDE. NO PROBLEM

FOR BULLS AS LONG AS NIFTY HOLD 7866

ON CLOSING BASIS.

THE REST REMAIN SAME AS FOLLOWS,

BULLS ARE ON THE WAY TO 8000.

ABOVE 8000 BULLS HAVE 8133 WEEKLY TARGET.

GLOBAL TRENDS SUPPORTING BULLS.

DOMESTIC FEAR KEEP 7911-33 LEVEL AS

STRONG RESISTANCE.

A CLOSE ABOVE 7955 CAN BRING 8044 AND 8133.

NOW THE WEEKLY PIVOT IS MOVED TO 7866,

ALL THE CLOSES ABOVE 7866 ARE BULLS AREA.

BEARS HAVE TO SEE A CLOSE BELOW 7822,

FOR ANOTHER DOWN MOVE.

AS PER TECHNICAL,

NOW THE WEEKLY PIVOT IS 7866,

ABOVE 7911 BULLS CAN TARGET 8044 and 8133,

BELOW 7822 BEARS CAN TARGET 7688 AND 7600.

Buy Aurobindo Pharma with a target of Rs 845: Ashwani Gujral

Aurobindo Pharma is a 'BUY' call with a target of Rs 845 and a stop loss of Rs 810.

Buy Orient Bank with a target of Rs 289: Ashwani Gujral

Orient Bank is a 'BUY' call with a target of Rs 289 and a stop loss of Rs 282.

Buy Petronet LNG with a target of Rs 192: Ashwani Gujral

Petronet LNG is a 'BUY' call with a target of Rs 192 and a stop loss of Rs 175.

Buy Bata India with a target of Rs 1330: Sandeep Wagle

Bata India is a 'BUY' call with a target of Rs 1330 and a stop loss of Rs 1265.

Buy Century Textiles with a target of Rs 625: Sandeep Wagle

Century Textiles is a 'BUY' call with a target of Rs 625 and a stop loss of Rs 603.

Sell Jindal Steel with a stop loss of Rs 291: Sandeep Wagle

Jindal Steel is a 'SELL' call with a target of Rs 275 and a stop loss of Rs 291.

Buy HDFC Bank with a target of Rs 860: Prakash Gaba

HDFC Bank is a 'BUY' call with a target of Rs 860 and a stop loss of Rs 845.

Posted in: Indian Market Tips