Stock Tips and Nifty Tips 10/09/2014

NIFTY OUTLOOK FOR 10/09/2014

AFTER LITTLE CONSOLIDATION BULLS
MANAGE TO CLOSE ABOVE 8150,
NOW THE LEVEL 8133-55 BECOME GOOD SUPPORT,
BULLS ARE HOLDING THE CONTROL.
BULLS ARE ON THE WAY TO 8333,

DOLLAR INDEX JUMPING ABOVE 84,
GOLD SLIPPING BELOW 1270,
GLOBAL TRENDS SUPPORTING BULLS,

NOW THE WEEKLY PIVOT IS AT 8111,
ALL THE CLOSES ABOVE 8066 ARE BULLS AREA.
BULLS ARE ON THE WAY TO 8244 AND 8333,

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.
THIS CORRECTION MAY START FROM 21/09/2014,

BEARS HAVE TO SEE A CLOSE BELOW 8066,
FOR ANOTHER DOWN MOVE. A CLOSE BELOW 7844 WILL
CONFIRM THE TREND REVERSAL,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8111,
ABOVE 8111 BULLS CAN TARGET 8244 AND 8333,
BELOW 8066 BEARS CAN TARGET 7888 AND 7800,

Buy Indoco Remedies with a target of Rs 311: Prakash Gaba

"Indoco Remedies is a 'BUY' call with a target of Rs 311 and a stop loss of Rs 278."

Buy Ashok Leyland with a target of Rs 43: Prakash Gaba

"Ashok Leyland is a 'BUY' call with a target of Rs 43 and a stop loss of Rs 39."

Buy Siemens with a target of Rs 950: Prakash Gaba

"Siemens is a 'BUY' call with a target of Rs 950 and a stop loss of Rs 892."

Buy NHPC with a target of Rs 22: Prakash Gaba

"NHPC is a 'BUY' call with a target of Rs 22 and a stop loss of Rs 21."

Buy Apollo Hospital with a target of Rs 1250: Prakash Gaba

"Apollo Hospital is a 'BUY' call with a target of Rs 1250 and a stop loss of Rs 1187."