Stock Tips and Nifty Tips 06/04/2015

NIFTY OUTLOOK FOR 06/04/2015

BULLS TESTED 8603 AND SEE A

WEEKLY CLOSE AT 8586,

IN THIS WEEK AHEAD, ABOVE 8600

BULLS CAN MOVE TOWARDS 8777,

BEARS HAVE NO JOB TO DO, AS LONG AS

NIFTY CLOSE ABOVE 8511,

ANY CLOSE BELOW 8466 WILL BRING LIFE TO

BEARS AND TO THE FOLLOWING PATTERN,

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 8511,

ABOVE 8555 BULLS CAN TARGET 8688 AND 8777,

BELOW 8466 BEARS CAN TARGET 8333 AND 8244,

Buy Tata Motor with a target of Rs 576: Mitesh Thacker

'Tata Motor is a 'BUY' call with a target of Rs 576 and a stop loss of Rs 550'

Buy Sun Pharma with a target of Rs 1,100: Sun Pharma

'Sun Pharma is a 'BUY' call with a target of Rs 1,100 and a stop loss of Rs 1,042'

Buy Dish TV with a target of Rs 88.50: Sandeep Wagle

'Dish TV is a 'BUY' call with a target of Rs 88.50 and a stop loss of Rs 81'

Buy Godrej Industries with a target of Rs 365: Sandeep Wagle

'Godrej Industries is a 'BUY' call with a target of Rs 365 and a stop loss of Rs 348'

Buy BEL with a target of Rs 3,600: Prakash Gaba

'BEL is a 'BUY' call with a target of Rs 3,600 and a stop loss of Rs 3,330'

Buy Alstom India with a target of Rs 760: Prakash Gaba

'Alstom India is a 'BUY' call with a target of Rs 760 and a stop loss of Rs 714'

Posted in: Indian Market Tips