Stock Tips and Nifty Tips 19/11/2014

NIFTY OUTLOOK FOR 19/11/2014

AGAIN BULLS SEE A CLOSE ABOVE 8422,

AFTER TESTING 8454,

NOW BULLS ARE ON THE WAY TO 8533 AND 8622,

BUT A CLOSE BELOW 8355 WILL CHANGE

ABOVE VIEW,

AS POSTED HERE,

NIFTY MAY START CORRECTION IF GLOBAL

MARKETS START TO CORRECT,

NOW THE WEEKLY PIVOT IS AT 8355,

AS LONG AS NIFTY CLOSES ABOVE 8400,

BULLS CAN MOVE TOWARD 8533 AND 8622,

BUT A CLOSE BELOW 8311 WILL BRING

BACK BEARS,

BUT IT LOOKS LIKES NIFTY MAKING

DOUBLE TOP PATTERN IN DAILY CHARTS, AND THE PRICE

GETTING DIVERGENCE WITH MOMENTUM,

AND AT ANY TIME BIG FALL ON THE CARD,

AS POSTED HERE,

NIFTY RALLIED FROM 4531 TO 8454,

SO GOOD CORRECTION NEED FOR NIFTY

TO MAKE TOUR TOWARDS 10000.

AS PER TECHNICAL,

NOW THE WEEKLY PIVOT IS 8400,

ABOVE 8400 BULLS CAN TARGET 8533 AND 8622,

BELOW 8355 BEARS CAN TARGET 8177 AND 8088,

Buy IRB with a target of Rs 296: Sandeep Wagle

"IRB is a 'BUY' call with a target of Rs 296 and a stop loss of Rs 279."

Buy Bharat Forge with a target of Rs 970: Sandeep Wagle

"Bharat Forge is a 'BUY' call with a target of Rs 970 and a stop loss of Rs 925."

Buy Idea with a target of Rs 180: Prakash Gaba

"Idea is a 'BUY' call with a target of Rs 174-180 and a stop loss of Rs 164-166."

Buy Delta Corp with a target of Rs 110: Prakash Gaba

"Delta Corp is a 'BUY' call with a target of Rs 110 and a stop loss of Rs 100."

Buy PNB with a target of Rs 1010: Sandeep Wagle

"PNB is a 'BUY' call with a target of Rs 1010 and a stop loss of Rs 978."

Buy JSW Steel with a target of Rs 1325: Sandeep Wagle

"JSW Steel is a 'BUY' call with a target of Rs 1325 and a stop loss of Rs 1230."

Buy Motherson Sumi with a target of Rs 465: Sandeep Wagle

"Motherson Sumi is a 'BUY' call with a target of Rs 465 and a stop loss of Rs 440."

Posted in: Indian Market Tips