Stock Tips and Nifty Tips 28/11/2014

NIFTY OUTLOOK FOR 28/11/2014

NO VOLATILE MOVES,

NIFTY SHIFT IN TO DECEMBER SERIES AND

CLOSES AT 8494,

CHOPPY MOVES EXPECTED ON FRIDAY,

NOW THE WEEKLY PIVOT IS AT 8466,

SO ABOVE 8511 BULLS HAVE SOME JOB,

BELOW 8422 BEARS WILL TAKE THE CONTROL,

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 Mahindra & Mahindra with a target of Rs 1,300: Prakash Gaba

Mahindra & Mahindra is a 'BUY' call with a target of Rs 1,300 and a stop loss of Rs 1,274 .

Buy Mahindra & Mahindra Financial with a target of Rs 308 to 310: Prakash Gaba

Mahindra & Mahindra Financial is a 'BUY' call with a target of Rs 308 to 310 and a stop loss of Rs 293.

Buy IGL with a target of Rs 473: Sandeep Wagle

IGL is a 'BUY' call with a target of Rs 473 and a stop loss of Rs 448.

Buy Infosys with a target of Rs 4425: Prakash Gaba

Infosys is a 'BUY' call with a target of Rs 4425 and a stop loss of Rs 4316.

Buy Tata Global with a target of Rs 167: Prakash Gaba

Tata Global is a 'BUY' call with a target of Rs 167 and a stop loss of Rs 157.

Posted in: Indian Market Tips