Stock Tips and Nifty Tips 08/09/2014

NIFTY OUTLOOK FOR 08/09/2014

NIFTY SPEND MOST OF THE WEEK IN SIDEWAY MOVES.

BULLS ARE HOLDING THE CONTROL.

ANY CLOSE ABOVE 8141 CAN LEAD NIFTY TO 8333,

NEWS FLOWS NEEDED FOR BIG MOVES.

ANOTHER CHOPPY AND GREEN WEEK EXPECTED.

NOW THE WEEKLY PIVOT IS AT 8066.

ALL THE CLOSES ABOVE 8066 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 8022,

FOR ANOTHER DOWN MOVE. A CLOSE BELOW 7844 WILL

CONFIRM THE TREND REVERSAL,

AS PER TECHNICAL,

NOW THE WEEKLY PIVOT IS 8066,

ABOVE 8111 BULLS CAN TARGET 8244 AND 8333,

BELOW 8022 BEARS CAN TARGET 7888 AND 7800,

Buy Hindustan Zinc with a target of Rs 185: Mitesh Thacker

"Hindustan Zinc is a 'Buy' call with a target of Rs 185 and a stop loss of Rs 168.25."

Buy Crompton with a target of Rs 235: Mitesh Thacker

"Crompton is a 'Buy' call with a target of Rs 235 and a stop loss of Rs 209.9."

Buy Ashok Leyland with a target of Rs 41: Ashwani Gujral

"Ashok Leyland is a 'Buy' call with a target of Rs 41 and a stop loss of Rs 38."

Buy SBI with a target of Rs 2575: Ashwani Gujral

"SBI is a 'Buy' call with a target of Rs 2575 and a stop loss of Rs 2500."

Buy IRB with a target of Rs 285: Ashwani Gujral

"IRB is a 'Buy' call with a target of Rs 285 and a stop loss of Rs 260."

Sell Union Bank at a stop loss of Rs 212: Sandeep Wagle

"Union Bank is a 'Sell' call with a target of Rs 197 and a stop loss of Rs 212."

Buy NMDC with a target of Rs 194: Sandeep Wagle

"NMDC is a 'Buy' call with a target of Rs 194 and a stop loss of Rs 179."

Posted in: Indian Market Tips