Stock Tips And Nifty Tips For 10/01/2014

NIFTY OUTLOOK FOR 10/01/2014

ANOTHER TIGHT RANGE TRADING DAY.
NIFTY CLOSES AT 6168.
INFY GOING TO START RESUTS.
NIFTY MAY GET SOME MOVEMENT AND
DIRECTION ACCORDING TO THE RESULTS.

ALL OTHERS REMAIN SAME AS FOLLOWS,
6155 SEEMS GOOD SUPPORT FOR BULLS.
BELOW 6155,
6111 ANS 6066 ARE THE TARGETS
FOR BEARS.

IN THE LAST FOUR MONTHS,
NIFTY MAKE A 1297 POINTS RALLY
FROM THE LOW 5118 TO THE HIGH 6415.
WEEKLY CLOSE BELOW 6266 IS A SIGNAL FOR
CORRECTION.

38.2% CORRECTION GIVE US THE TARGET 5919.
THE LONG TERM TREND LINE IS NOW PLACED AT
5511 IN THE MONTHLY CHART.

FOR THIS WEEK AHEAD,
6244 IS THE PIVOT. ALL THE CLOSES BELOW
6244 ARE BEARS AREA. 6155, 6066, AND 5955
ARE THE TARGETS FOR BEARS.

ON THE UP SIDE,
BULLS HAVE TO SEE A CLOSE
ABOVE 6200 TO APPLY BREAK ON BEARS MOVE.
A CLOSE ABOVE 6244 NEEDED FOR BULLS TO
TAKE THE DRIVER SEAT OF THE MARKET.

Sell Aurobindo Pharma with target price of Rs 375: Ashwani Gujral 

Aurobindo Pharma is a 'Sell' with a target of Rs 375 and a stop loss of Rs 398.

Sell UCO Bank with target price of Rs 67: Ashwani Gujral 

UCO Bank is a 'Sell' with a target of Rs 67 and a stop loss of Rs 79.

Buy BPCL with target price of Rs 338: Ashwani Gujral 

BPCL is a 'Buy' with a target of Rs 338 and a stop loss of Rs 320.