Stock Tips and Nifty Tips 31/03/2015

NIFTY OUTLOOK FOR 31/03/2015

BULLS OPEN WITH A GAP UP,

GLOBAL TRENDS AND SHORT COVERING LIFT

NIFTY ABOVE 8500 AND

NIFTY CLOSES AT 8492,

THE TREND LINE RESISTANCE PLACED AT 8511-33 LEVEL,

ABOVE 8533 BULLS MOVE FURTHER MORE UPSIDE,

IF BULLS FAILS TO JUMP ABOVE 8533 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 PFS with a target of Rs 64: Ashwani Gujral

'PFS is a 'BUY' call with a target of Rs 64 and a stop loss of Rs 50'

Buy Bajaj Electricals with a target of Rs 245: Mitesh Thacker

'Bajaj Electricals is a 'BUY' call with a target of Rs 245 and a stop loss of Rs 218'

Buy Century Textiles with a target of Rs 676: Mitesh Thacker

Century Textiles is a 'BUY' call with a target of Rs 676 and a stop loss of Rs 614.

Buy HSIL with a target of Rs 490: Mitesh Thacker

'HSIL is a 'BUY' call with a target of Rs 490 and a stop loss of Rs 439'

Buy Ashok Leyland with a target of Rs 80: Prakash Gaba

'Ashok Leyland is a 'BUY' call with a target of Rs 80 and a stop loss of Rs 71'

Buy Gabriel India with a target of Rs 90: Prakash Gaba

'Gabriel India is a 'BUY' call with a target of Rs 90 and a stop loss of Rs 79'

Sell Tech Mahindra with a target of Rs 591: Sandeep Wagle

'Tech Mahindra is a 'SELL' call with a target of Rs 591 and a stop loss of Rs 632'

Buy Motherson Sumi with a target of Rs 509: Sandeep Wagle

'Motherson Sumi is a 'BUY' call with a target of Rs 509 and a stop loss of Rs 480'

Posted in: Indian Market Tips