Stock Tips and Nifty Tips 02/12/2014

NIFTY OUTLOOK FOR 02/12/2014

RBI POLICY ON THE WAY,

TRADERS GETTING CAUTION NOTE, AND

NIFTY SEE A CHOPPY TRADING DAY,

CLOSES AT 8555,

BULLS CAN SEE A ANOTHER UP MOVE

IF NIFTY CLOSE ABOVE 8577 AND

BEARS ARE WAITING BELOW 8488,

REST REMAIN SAME AS FOLLOWS,

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 Tata Motors DVR with a target of Rs 360: Prakash Gaba

Tata Motors DVR is a 'BUY' call with a target of Rs 360 and a stop loss of Rs 339.

Buy Hero Motors with a target of Rs 3305: Prakash Gaba

Hero Motors is a 'BUY' call with a target of Rs 3305 and a stop loss of Rs 3190.

Buy PNB with a target of Rs 1164: Sandeep Wagle

PNB is a 'BUY' call with a target of Rs 1164 and a stop loss of Rs 1072.

Buy Shriram Transport Finance with a target of Rs 1167: Sandeep Wagle

Shriram Transport Finance is a 'BUY' call with a target of Rs 1167 and a stop loss of Rs 1098.

Buy Maruti with a target of Rs 3460: Sandeep Wagle

Maruti is a 'BUY' call with a target of Rs 3460 and a stop loss of Rs 3378.

Posted in: Indian Market Tips