Stock Tips and Nifty Tips 21/11/2014

NIFTY OUTLOOK FOR 21/11/2014

8353 IS THE LOW,

BULLS AGAIN GET SUPPORT FROM 8355 LEVEL,

AND CLOSES AT 8401,

THIS CLOSE ABOVE 8400 MAY BRING

SOME MORE GREEN TO THE MARKET,

A CLOSE BELOW 8355 WILL BRING BACK BEARS

THOSE WHO ARE HUNGRY FOR LONG TIME,

AS POSTED HERE,

NIFTY MAY START CORRECTION IF GLOBAL

MARKETS START TO CORRECT,

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 8455,

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,

Sell Godrej Industries with a stop loss of Rs 293: Sandeep Wagle

"Godrej Industries is a 'SELL' call with a target of Rs 279 and a stop loss of Rs 293."

Buy Apollo Hospital with a target of Rs 1275: Sandeep Wagle

"Apollo Hospital is a 'BUY' call with a target of Rs 1275 and a stop loss of Rs 1205."

Buy Wipro with a target of Rs 580: Prakash Gaba

"Wipro is a 'BUY' call with a target of Rs 577-580 and a stop loss of Rs 563."

Buy Prakash Industries with a target of Rs 65: Prakash Gaba

"Prakash Industries is a 'BUY' call with a target of Rs 65 and a stop loss of Rs 60."

Buy Havells India with a target of Rs 315: Prakash Gaba

"Havells India is a 'BUY' call with a target of Rs 315 and a stop loss of Rs 303."

Posted in: Indian Market Tips