Stock Tips and Nifty Tips 28/05/2014

NIFTY OUTLOOK FOR 28/05/2014

MAY SETTLEMENT ON THE WAY.
FIRE WORKS AND THE FESTIVALS ARE OVER.
TIME TO RE VISIT FACTS AND BASICS.

SELLING SEEN IN ALL RISES.
SLOWLY BEARS GETTING ACTIVE.
TODAY CLOSE BELOW THE PIVOT-7355 AT 7318.

ANY HOW MORE SELLING EXPECTED BELOW 7266.
7177 AND 7088 ARE THE TARGETS FOR BEARS.

THE WEEKLY PIVOT MOVED TO 7355.
BULLS HAVE TO SEE A CLOSE ABOVE 7355.
THEN THEY CAN MOVE TOWARDS, 7400, 7488, AND 7577.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7355.
ABOVE 7400 BULLS CAN TARGET 7488 AND 7577.
BELOW 7311 BEARS CAN TARGET 7222 AND 7133.

Buy Polaris with a target of Rs 220: Mitesh Thacker 

Polaris is a 'BUY' call with a target of Rs.220 and a stop loss of Rs.197.

Buy Hindustan Zinc with a target of Rs 175: Mitesh Thacker 

Hindustan Zinc is a 'BUY' call with a target of Rs.175 and a stop loss of Rs.152.

Sell PFC with a stop loss of Rs 293: Ashwani Gujral 

PFC is a 'SELL' call with a target of Rs.275 and a stop loss of Rs.293.

Sell Adani Ports with a stop loss of Rs 218: Ashwani Gujral 

Adani Ports is a 'SELL' call with a target of Rs.200 and a stop loss of Rs.218.

Buy Havells with a target of Rs 981: Ashwani Gujral 

Havells is a 'BUY' call with a target of Rs.981 and a stop loss of Rs.950.