Stock Tips and Nifty Tips 03/12/2014

NIFTY OUTLOOK FOR 03/12/2014

RBI LEAVE ALL THE RATES AS IT IS,

NIFTY CLOSES AT 8524 AFTER TOUCHING 8504,

NOW GLOBAL TREND HAVE TO GIVE DIRECTION,

AS THE WEEKLY PIVOT IS AT 8533,

BULLS CAN SEE A ANOTHER UP MOVE

IF NIFTY CLOSE ABOVE 8577 AND

BEARS ARE WAITING BELOW 8488,

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 Jammu & Kashmir Bank Ltd with a target of Rs 150: Prakash Gaba

"Jammu & Kashmir Bank Ltd is a 'BUY' call with a target of Rs 149-150 and a stop loss of Rs 140."

Buy Apollo Hospitals with a target of Rs 1250: Prakash Gaba

"Apollo Hospitals is a 'BUY' call with a target of Rs 1245-1250 and a stop loss of Rs 1180."

Buy Aurobindo Pharma with a target of Rs 1167: Prakash Gaba

"Aurobindo Pharma is a 'BUY' call with a target of Rs 1167 and a stop loss of Rs 1129."

Buy IRB Infra with a target of Rs 285: Ashwani Gujral

"IRB Infra is a 'BUY' call with a target of Rs 285 and a stop loss of Rs 270."

Posted in: Indian Market Tips