Stock Tips and Nifty Tips 24/06/2014

NIFTY OUTLOOK FOR 24/06/2014

VOLATILE DAYS STARTED.
ITC FALL MORE THAN 6% HIT NIFTY.
BEARS HIT LOW OF 7441.
BULLS MANAGE TO CLOSE AT 7488 AT 7493.

SOME GREEN EXPECTED ABOVE 7533.
BULLS CAN GET ACTIVE ABOVE 7577.
7800 IS THE WEEKLY TARGET FOR BULLS.

GOOD SUPPORT SEEN AT 7488-7511 LEVEL.
BEARS WILL GET ACTIVE BELOW 7488.
7288 IS THE WEEKLY TARGET FOR BEARS.

HIGH VOLATILE TRADING DAYS EXPECTED,
AS THE SETTLEMENT WEEK IS AHEAD.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7533.
ABOVE 7577 BULLS CAN TARGET 7711 AND 7800.
BELOW 7488 BEARS CAN TARGET 7355 AND 7266.

Sell Kotak Bank with a stop loss of Rs 905.25: Mitesh Thacker 

"Kotak Bank is a 'SELL' call, ST/BT, with a target of Rs 880 and a stop loss of Rs 905.25."

Buy Bajaj Auto with a target of Rs 2230: Mitesh Thacker 

"Bajaj Auto is a 'BUY' call with a target of Rs 2230 and a stop loss of Rs 2178."

Buy Jindal Steel with target of Rs 338: Mitesh Thacker 

"Jindal Steel is a 'BUY' call with a target of Rs 338 and a stop loss of Rs 318."

Buy Balrampur Chini with target of Rs 93: Mitesh Thacker 

"Balrampur Chini is a 'BUY' call with a target of Rs 93 and a stop loss of Rs 84."

Sell Reliance Infra with stop loss of Rs 715: Ashwani Gujral 

"Reliance Infra is a 'SELL' call with a target of Rs 685 and a stop loss of Rs 715."

Buy Auro Pharma with target of Rs 730: Ashwani Gujral 

"Auro Pharma is a 'BUY' call with a target of Rs 730 and a stop loss of Rs 706."