Stock Tips and Nifty Tips 03/09/2014

NIFTY OUTLOOK FOR 03/09/2014

BULLS TOUCH A HIGH OF 8101 AND

CLOSES AT 8083.

NOW THE WEEKLY PIVOT IS AT 8022.

ALL THE CLOSES ABOVE 8022 ARE BULLS AREA.

BULLS ARE ON THE WAY TO 8200.

AS POSTED HERE,

WE HAVE TO KEEP IN MIND, THAT,

NIFTY RALLIED FROM 4500 TO 8000.

SO GOOD CORRECTION NEED FOR NIFTY

TO MAKE TOUR TOWARDS 10000.

THIS CORRECTION MAY START FROM 21/09/2014,

BEARS HAVE TO SEE A CLOSE BELOW 7977,

FOR ANOTHER DOWN MOVE.

AS PER TECHNICAL,

NOW THE WEEKLY PIVOT IS 8022,

ABOVE 8066 BULLS CAN TARGET 8111 AND 8200,

BELOW 7977 BEARS CAN TARGET 7755 AND 7666.

BT/ST SBI with a target of Rs 2560: Mitesh Thacker

State Bank of India is a 'BT/ST' call with a target of Rs 2560 and a stop loss of Rs 2504.

Buy ONGC with a target of Rs 460: Mitesh Thacker

ONGC is a 'BUY' call with a target of Rs 460 and a stop loss of Rs 435.

Buy Orient Bank with a target of Rs 292: Ashwani Gujral

Orient Bank is a 'BUY' call with a target of Rs 292 and a stop loss of Rs 275.

Buy Larsen with a target of Rs 1640: Ashwani Gujral

Larsen is a 'BUY' call with a target of Rs 1640 and a stop loss of Rs 1560.

Buy JustDial with a target of Rs 1800: Ashwani Gujral

JustDial is a 'BUY' call with a target of Rs 1800 and a stop loss of Rs 1685.

Posted in: Indian Market Tips