Stock Tips and Nifty Tips 01/12/2014

NIFTY OUTLOOK FOR 01/12/2014

GLOBAL EQUITY MARKETS SEARCHING FOR

NEW HIGHS, NIFTY FOLLOWING THE SAME,

NIFTY CLOSES AT 8588 AFTER TOUCHING 8616,

FROM 8500 AS ALL THE AREA ARE NEW TO NIFTY

NO ONE NO THE HIGH AND WHEN WILL NIFTY

TOPPING OUT, SO AVOID SHORTING IN HIGH LEVELS,

GET CLEAR SELL SIGNAL BEFORE SHORTING,

NIFTY RALLIED FROM 4531 TO 8616,

SO GOOD CORRECTION NEED FOR NIFTY

TO MAKE TOUR TOWARDS 10000.

AS PER TECHNICAL,

NOW THE WEEKLY PIVOT IS 8533,

ABOVE 8577 BULLS CAN TARGET 8711 AND 8800,

BELOW 8488 BEARS CAN TARGET 8355 AND 8266,

Buy Canara Bank with a target of Rs 424: Ashwani Gujral

'Canara Bank is a 'BUY' call with a target of Rs 424 and a stop loss of Rs 403.'

Buy Asian Paints with a target of Rs 775: Ashwani Gujral

'Asian Paints is a 'BUY' call with a target of Rs 775 and a stop loss of Rs 730.'

Buy Shriram Transport with a target of Rs 1150: Ashwani Gujral

'Shriram Transport is a 'BUY' call with a target of Rs 1150 and a stop loss of Rs 1070.'

Buy ICICI Bank with a target of Rs 1840: Prakash Gaba

ICICI Bank is a 'BUY' call with a target of Rs 1840 and a stop loss of Rs 1725.

Buy HDFC Bank with a target of Rs 985: Prakash Gaba

HDFC Bank is a 'BUY' call with a target of Rs 985 and a stop loss of Rs 950.

Buy Apollo Tyres with a target of Rs 240: Prakash Gaba

Apollo Tyres is a 'BUY' call with a target of Rs 240 and a stop loss of Rs 226.

Posted in: Indian Market Tips