Stock Tips And Nifty Tips For 22/04/2014

NIFTY OUTLOOK FOR 22/04/2014

BULLS SEE A CLOSE ABOVE 6800.
ABOVE 6822 ALL THE AREA NEW TO NIFTY.
6888 AND 6977 ARE THE TARGETS FOR BULLS.

REST REMAIN SAME AS FOLLOWS,
BIG ELECTIONS GOING ON.
Q4 RESULTS MEETING THE STREET EXPECTATIONS.
BUT INFLATION NUMBER GIVING RED SIGNALS.
GLOBAL MARKETS MUTED. AT ANYTIME CORRECTION
MAT START FROM GLOBAL FRONT.

NIFTY TRADING IN 6644-6822 RANGE.
CLOSE ABOVE 6822 WILL LEAD NIFTY TO 7000.
CLOSE BELOW 6644 WILL LEAD TO 6466.

WEEKLY PIVOT IS 6755.
ABOVE 6800, BULLS CAN TARGET 6888 AND 6977.
BELOW 6711, BEARS CAN TARGET 6622 AND 6533.

Buy Mahindra & Mahindra at a target of Rs 1055: Mitesh Thacker 

Buy Mahindra & Mahindra at a stop loss of Rs 1022 and target Rs 1055

Buy JSW Steel at a target of Rs 1081: Mitesh Thacker 

Buy JSW Steel at a stop loss of Rs 1069 and target Rs 1081

Buy HPCL at a target of Rs 336: Ashwani Gujral 

Buy HPCL at a stop loss of Rs 315 and target Rs 336

Buy PNB at a target of Rs 830: Ashwani Gujral 

Buy PNB at a stop loss of Rs 795 and target Rs 830

Buy SBI at a target of Rs 2100: Ashwani Gujral 

Buy SBI at a stop loss of Rs 2045 and target Rs 2100