Stock Tips And Nifty Tips For 11/03/2014

NIFTY OUTLOOK FOR 11/03/2014

AFTER LOT OF CONSOLIDATION BULLS
CLOSES NIFTY AT 6537. SENSEX KISS 22000.
NIFTY UNDER THE CONTROL OF BULLS.

AGAIN TAPERING FEAR STARS IN US.

ASIAN MARKETS GET READY FOR CORRECTION.
SO LOT OF VOLATILE MOVES EXPECTED.

AS, 6355 IS BREAK OUT POINT, NIFTY MAY
RE-TEST THIS LEVEL BEFORE MAKING
ANOTHER UP MOVE.

ALL THE REST REMAIN SAME,
FIRST TIME BULLS SEE A WEEKLY CLOSE
ABOVE 6400 AT 6526. BUT FOR THE MAJOR
BREAK OUT OF THE ASCENDING TRIANGLE
PATTERN FORMED IN MONTHLY CHART
NEED A MONTHLY CLOSE ABOVE 6355.

BULLS GAINED LOT OF MOMENTUM TO
MOVE TOWARDS 6600 AND 6688.
BUT SOME PROFIT BOOKING EXPECTED
BEFORE THAT MOVE.

NOW THE WEEKLY PIVOT IS 6422.
ALL THE CLOSE ABOVE 6422 ARE BULLS
AREA. THEY HAVE 6600 AND 6688 TARGETS.

BEARS CAN BREATH BELOW 6422.
BELOW 6422, BEARS HAVE 6333 AND 6244
AS TARGETS.

Sell TCS with a target of Rs 2100: Mitesh Thacker 

TCS is a ‘SELL’ call with a target of Rs 2100 and a stop loss of Rs 2180.

Buy Havells with a target of Rs 870: Mitesh 

Havells is a ‘BUY’ call with a target of Rs 870 and a stop loss of Rs 815.

Buy Maruti with a target of Rs 1850: Ashwani Gujral 

Maruti is a ‘BUY’ call with a target of Rs 1850 and a stop loss of Rs 1790.

Buy Kotak Mahindra with a target of Rs 752: Ashwani Gujral 

Kotak Mahindra is a ‘BUY’ call with a target of Rs 752 and a stop loss of Rs 727.

Buy Shriram Transport with a target of Rs 710: Ashwani Gujral 

Shriram Transport is a ‘BUY’ call with a target of Rs 710 and a stop loss of Rs 650.