Stock Tips And Nifty Tips For 30/04/2014

NIFTY OUTLOOK FOR 30/04/2014

AS POSTED HERE,
BEARS ARE GETTING MORE ACTIVE BELOW 6755.
6711 DONE TODAY. 6622 IS THE NEXT TARGET.

BULLS NEED A CLOSE ABOVE 6755 TO APPLY
BREAK ON THE BEARS.

NIFTY TRADING IN THE 6644-6822 RANGE.
SO CLOSE ABOVE 6844 NEEDED FOR BULLS
TO MOVE TOWARDS, 6888 AND 6977.

GLOBAL MARKETS START TO CORRECT.
FII’S REDUCING THE LAST HOUR BUYING.
DII’S SLOWLY STARTING SELLING.

MOMENTUM SLIPPING DOWN IN THE NIFTY
HOURLY CHART. TRADERS CAN WAIT FOR SOME
CORRECTION UP TO 06/05/2014 BEFORE TAKING
POSITION TARGETING 16/05/2104.

WEEKLY PIVOT IS 6800.
ABOVE 6844, BULLS CAN TARGET 6888 AND 6977.
BELOW 6755, BEARS CAN TARGET 6711 AND 6622.

Sell JSPL with a stop loss of Rs 268: Ashwani Gujral 

"JSPL is a 'sell' call with a target of Rs 245 and a stop loss of Rs 268."

Buy Reliance Capital with a target of Rs 394: Ashwani Gujral 

"Reliance Capital is a 'buy' call with a target of Rs 394 and a stop loss of Rs 376."

Buy Reliance Infra with a target of Rs 565: Ashwani Gujral 

"Reliance Infra is a 'buy' call with a target of Rs 565 and a stop loss of Rs 530."