NIFTY OUTLOOK FOR 19/03/2014

THE WEEKLY PIVOT IS 6511.
BULLS FLY ABOVE THIS AND KISS 6574.
BUT CLOSES FLAT AT 6516.

CLOSE ABOVE 6555 NEEDED
FOR BULLS FOR NEXT MOVE TOWARDS 6688.

ALL THE FOLLOWING REMAIN SAME,
THE LONG LEGGED DOJI FORMED IN THE
NIFTY WEEKLY CHART INDICATES THAT THE
PAST RALLY GET OVER.

THE WEEKLY PIVOT IS 6511.
SO ABOVE 6555 BULLS CAN TARGET 6600 AND 6688.
BELOW 6466 BEARS CAN TARGET 6377 AND 6288.

AS POSTED HERE, FOR THE MAJOR
BREAK OUT OF THE ASCENDING TRIANGLE
PATTERN FORMED IN MONTHLY CHART,
NEED A MONTHLY CLOSE ABOVE 6355.

Buy Mahindra & Mahindra Financial with a target of Rs 290: Ashwani Gujral

Mahindra & Mahindra Financial is a ‘BUY’ call with a target of Rs 290 and a stop loss of Rs 273.

Buy Arvind Ltd with a target of Rs 157: Ashwani Gujral

Arvind Ltd is a ‘BUY’ call with a target of Rs 157 and a stop loss of Rs 142.

Buying the market on declines is the best strategy right now: Mitesh Thacker

'After having rallied very fast, the market is taking a breather, where a strong consolidation might happen,' says Thacker

Dabur with a target of Rs 180: Mitesh Thacker

Dabur is a ‘BT/ST’ call with a target of Rs 180 and a stop loss of Rs 175.

Buy IndusInd Bank with a target of Rs 503: Mitesh Thacker

IndusInd Bank is a ‘BUY’ call with a target of Rs 503 and a stop loss of Rs 470.

NSE STOCKS