NIFTY OUTLOOK FOR 24/03/2014

THIS WEEK ALSO THE PIVOT IS 6511.

BEARS SEE A WEEKLY CLOSE BELOW 6511
AT 6493. NOW BELOW 6466 BEARS WILL GET ACTIVE.
6377 AND 6288 ARE THE TARGETS FOR BEARS.

BULLS HAVE SEE A CLOSE ABOVE 6511 TO STOP
THIS DOWN MOVE. ABOVE 6555 BULLS HAVE
6644 AND 6733 AS THE TARGETS.

ALL THE FOLLOWING REMAIN SAME,
THE MAJOR BREAK OUT OF THE ASCENDING TRIANGLE
PATTERN FORMED IN MONTHLY CHART,
NEED A MONTHLY CLOSE ABOVE 6355.

AS PER ASTRO, FOR NIFTY,
VOLATILE AND BEARISH DAYS SEEN
UP TO 13/04/2014.

Buy Ashok Leyland with a target of Rs 20: Mitesh Thacker

Ashok Leyland is a ‘BUY’ call with a target of Rs 20 and a stop loss of Rs 17.7.

Buy Tata Steel with a target of Rs 375: Mitesh Thacker

Tata Steel is a ‘BUY’ call with a target of Rs 375 and a stop loss of Rs 356.

Buy HCL Tech with a target of Rs 1500: Ashwani Gujral

HCL Tech is a ‘BUY’ call with a target of Rs 1500 and a stop loss of Rs 1430.

Buy Axis Bank with a target of Rs 1450: Ashwani Gujral

Axis Bank is a ‘BUY’ call with a target of Rs 1450 and a stop loss of Rs 1380.

NSE STOCKS