Stock Tips and Nifty Tips 01/10/2014

NIFTY OUTLOOK FOR 01/10/2014

RBI LEAVES ALL THE RATES AS IT IS,
BULLS TRY FOR A PULL BACK, AND SLIP
DOWN FROM 8022-44 LEVEL,
NIFTY CLOSES FLAT,

NOW THE WEEKLY PIVOT IS AT 8000 AND
8022-44 LEVEL SEEMS GOOD RESISTANCE, SO
ALL THE CLOSES BELOW 8000 IS BEARS AREA, AND
BEARS HAVE WEEKLY TARGET AT 7690,

BULLS HAVE TO SEE A CLOSE ABOVE 8044 TO
TERMINATE ABOVE VIEW AND FOR AN ANOTHER UP MOVE,

AS POSTED HERE,
NIFTY RALLIED FROM 4500 TO 8200,
SO GOOD CORRECTION NEED FOR NIFTY
TO MAKE TOUR TOWARDS 10000.
THIS CORRECTION MAY STARTED FROM 21/09/2014,

A CLOSE BELOW 7844 WILL
CONFIRM THE TREND REVERSAL,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8000,
ABOVE 8044 BULLS CAN TARGET 8177 AND 8266,
BELOW 7955 BEARS CAN TARGET 7822 AND 7733.

Buy Apollo Tyres with a target of Rs 212: Mitesh Thacker

"Apollo Tyres is a 'BUY' call with a target of Rs 212 and a stop loss of Rs 199.80"

Buy Sharda Cropchem with a target of Rs 290: Mitesh Thacker

"Sharda Cropchem is a 'BUY' call with a target of Rs 290 and a stop loss of Rs 260."

Sell Allahabad Bank with a target of Rs 92: Ashwani Gujral

"Allahabad Bank is a 'SELL' call with a target of Rs 92 and a stop loss of Rs 104."

Sell Oriental Bank of Commerce with a target of Rs 235: Ashwani Gujral

"Oriental Bank of Commerce is a 'SELL' call with a target of Rs 235 and a stop loss of Rs 218."

Sell Union Bank with a target of Rs 176: Ashwani Gujral

"Union Bank is a 'SELL' call with a target of Rs 176 and a stop loss of Rs 193."

Buy Sun TV with a target of Rs 350: Prakash Gaba

"Sun TV is a 'BUY' call with a target of Rs 350 and a stop loss of Rs 323."

Buy Ranbaxy with a target of Rs 650: Prakash Gaba

"Ranbaxy is a 'BUY' call with a target of Rs 650 and a stop loss of Rs 625."