Stock Tips and Nifty Tips 02/09/2014

NIFTY OUTLOOK FOR 02/09/2014

BULLS SEE A CLOSE ABOVE 8000 AT 8027,
ALL THE CLOSES ABOVE 7933 ARE BULLS AREA.
BULLS ARE ON THE WAY TO 8200.
BUT MARKET HAVE TO MOVE INCH BY INCH.

AS POSTED HERE,
WE HAVE TO KEEP IN MIND, THAT,
NIFTY RALLIED FROM 4500 TO 8000.
SO GOOD CORRECTION NEED FOR NIFTY
TO MAKE TOUR TOWARDS 10000.

BEARS HAVE TO SEE A CLOSE BELOW 7888,
FOR ANOTHER DOWN MOVE.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7933,
ABOVE 7977 BULLS CAN TARGET 8111 AND 8200,
BELOW 7888 BEARS CAN TARGET 7755 AND 7666.

Buy Axis Bank with a target of Rs 425: Ashwani Gujral

"Axis Bank is a 'BT/ST' call with a target of Rs 425 and a stop loss of Rs 390.

Buy Adani Ports with a target of Rs 310: Ashwani Gujral

"Adani Ports is a 'BT/ST' call with a target of Rs 310 and a stop loss of Rs 280."

Buy Tata Chemicals with a target of Rs 415: Ashwani Gujral

"Tata Chemicals is a 'BT/ST' call with a target of Rs 415 and a stop loss of Rs 386."

Buy Inox with a target of Rs 190: Mitesh Thacker

"Inox is a 'BUY' call with a target of Rs 190 and a stop loss of Rs 164."

Buy Reliance with a target of Rs 1040: Mitesh Thacker

"Reliance is a 'BUY' call with a target of Rs 1040 and a stop loss of Rs 999."