Stock Tips and Nifty Tips 01/04/2015

NIFTY OUTLOOK FOR 01/04/2015

BULLS JUMP ABOVE 8533 AND TEST 8550,

BUT NOT ABLE TO SUSTAIN ABOVE 8533,

SLIP BELOW 8500 AND NIFTY CLOSES FLAT AT 8491,

NOW BIG RESISTANCE PLACED AT 8533-55 LEVEL,

ABOVE 8555 BULLS MOVE FURTHER MORE UPSIDE,

IF BULLS FAILS TO JUMP ABOVE 8555 THEN

FOLLOWING PATTERN TARGET WILL BE TESTED BY BEARS,

THE HIGH ON 30/01 WAS 8996,

THE LOW ON 10/02 WAS 8470,

AGAIN THE HIGH ON 04/03 WAS 9119,

THIS IS A DOUBLE BOTTOM PATTERN,

BELOW 8472, (9119-8470=649) (8470-649=7821)

THIS PATTERN HAVE THE TARGET AT 7821,

AS PER TECHNICAL,

NOW THE WEEKLY PIVOT IS 8422,

ABOVE 8466 BULLS CAN TARGET 8600 AND 8688,

BELOW 8377 BEARS CAN TARGET 8244 AND 8155,

Buy Infinite Computer with a target of Rs 265: Ashwani Gujral

'Infinite Computer is a 'BUY' call with a target of Rs 265 and a stop loss of Rs 246'

Buy BPCL with a target of Rs 825: Ashwani Gujral

'BPCL is a 'BUY' call with a target of Rs 825 and a stop loss of Rs 790'

Buy Motherson Sumi with a target of Rs 532: Ashwani Gujral

'Motherson Sumi is a 'BUY' call with a target of Rs 532 and a stop loss of Rs 500.'

Buy Tata Investment with a target of Rs 600: Prakash Gaba

'Tata Investment is a 'BUY' call with a target of Rs 600 and a stop loss of Rs 560'

Buy Monsanto India with a target of Rs 3,100: Prakash Gaba

'Monsanto India is a 'BUY' call with a target of Rs 3,100 and a stop loss of Rs 2,860'

Posted in: Indian Market Tips