Stock Tips and Nifty Tips 18/02/2015

NIFTY OUTLOOK FOR 18/02/2015

BULLS MOVE UP TO 8870,

BUT NOT ABLE TO SUSTAIN ABOVE 8822, AND

CLOSES FLAT AT 8809,

GREECE APPLY BREAKS IN THE GLOBAL MARKETS,

AND BUDGET EXPECTATIONS DRIVING NIFTY,

VOLATILE MOVES ON CARD,

THE 61.8% RETACEMENT LEVEL,

FOR THE DOWN MOVE FROM 8996 TO 8470,

IS AT 8795,

A CLOSE ABOVE 8822 WILL TELL US

THE STARTING OF PRE-BUDGET RALLY,

BUT IF NIFTY SLIP FROM HERE,

AND CLOSE BELOW 8644, THEN BEARS HAVE

DEEP TARGETS BELOW 8300,

NIFTY MADE LOW 2252 IN OCTOBER 2008,

BULLS TEST 8996 ON LAST FRIDAY,

THIS IS 400% MOVE,

SO THE ULTIMATE TARGET IS 800% MOVE AT 18016,

BUT THIS IS TIME FOR CONSOLIDATION AND CORRECTION,

AS PER ASTRO,

WILD SWINGS AWAITED FOR US FROM

JANUARY TO MARCH OF 2015,

AS PER TECHNICAL,

NOW THE WEEKLY PIVOT IS 8688,

ABOVE 8733 BULLS CAN TARGET 8866 AND 8955,

BELOW 8644 BEARS CAN TARGET 8511 AND 8422

Sell Titan with a stop loss of Rs 420: Sandeep Wagle

Titan is a 'SELL' call with a target of Rs 407 and a stop loss of Rs 420.

Buy Bata with a target of Rs 1348: Prakash Gaba

Bata is a 'BUY' call with a target of Rs 1348 and a stop loss of Rs 1260.

Buy Idea with a target of Rs 166: Sandeep Wagle

Idea is a 'BUY' call with a target of Rs 166 and a stop loss of Rs 154.

Buy HDIL with a target of Rs 125: Sandeep Wagle

HDIL is a 'BUY' call with a target of Rs 125 and a stop loss of Rs 114.

Buy Hindustan Unilever with a target of Rs 934: Sandeep Wagle

Hindustan Unilever is a 'BUY' call with a target of Rs 934 and a stop loss of Rs 904.

Posted in: Indian Market Tips