Stock Tips and Nifty Tips 27/11/2014

NIFTY OUTLOOK FOR 27/11/2014

SETTELEMENT DAY ON THE WAY,

VOLATILE MOVES STARTED,

NIFTY CLOSES AT 8475,

REST REMAIN SAME AS FOLLOWS,

NOW THE WEEKLY PIVOT SLIP TO 8444,

BELOW 8400 BEARS WILL TAKE THE CONTROL,

BULLS HAVE TO SEE A CLOSE

ABOVE 8488 FOR ANOTHER UP MOVE,

ASTRO SIGNAL GREEN FOR NIFTY UP TO

WEDNESDAY THIS WEEK, AND

VOLATILE SETTELEMENT DAY EXPECTED,

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 8535,

SO GOOD CORRECTION NEED FOR NIFTY

TO MAKE TOUR TOWARDS 10000.

AS PER TECHNICAL,

NOW THE WEEKLY PIVOT IS 8466,

ABOVE 8511 BULLS CAN TARGET 8600 AND 8688,

BELOW 8422 BEARS CAN TARGET 8244 AND 8155,

Buy Dish TV with a target of Rs 74: Mitesh Thacker

'Dish TV India Ltd is a 'BUY' call with a target of Rs 74 and a stop loss of Rs 61.90.'

Buy Mahindra & Mahindra with a target of Rs 1325: Mitesh Thacker

'Mahindra & Mahindra Ltd is a 'BUY' call with a target of Rs 1325 and a stop loss of Rs 1249.'

Buy Hero Motocorp with a target of Rs 3140: Ashwani Gujral

'Hero Motocorp Ltd is a 'BUY' call with a target of Rs 3140 and a stop loss of Rs 3060.'

Buy Indraprastha Gas Limited with a target of Rs 456: Ashwani Gujral

'Indraprastha Gas Ltd is a 'BUY' call with a target of Rs 456 and a stop loss of Rs 435.

Posted in: Indian Market Tips