Stock Tips and Nifty Tips 22/09/2014

NIFTY OUTLOOK FOR 22/09/2014

BULLS ARE ON THE WAY TO RE-TEST 8180 MARK.
GLOBAL MARKETS GETTING VOLATILE,
GOLD PRICE SLIPPING DOWN.
WE ARE AHEAD OF SETTELEMENT WEAK.

NOW THE WEEKLY PIVOT IS AT 8066,
ABOVE 8111 BULLS CAN MOVE TOWARDS 8333,
BELOW 8022 BEARS CAN SLIP TO 7800

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

A CLOSE BELOW 7844 WILL
CONFIRM THE TREND REVERSAL,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8066,
ABOVE 8111 BULLS CAN TARGET 8244 AND 8333,
BELOW 8022 BEARS CAN TARGET 7888 AND 7800.

Buy Goodyear, Apollo Tyres, TVS Srichakra within tyre space: Mayuresh Joshi

Goodyear has shown good amount of volume growth and we are expecting the sales growth to be quite robust going forward.

Good time to invest in Bank Nifty: Ashwani Gujral

The interesting index is not IT, IT move is done and over that was yesterday’s TRADE. It is Bank Nifty because it has been weak today.

Buy Cipla with a target of Rs 656: Ashwani Gujral

"Cipla is a 'BUY' call with a target of Rs 656 and a stop loss of Rs 630."

Buy Kotak Bank with a target of Rs 1120: Ashwani Gujral

"Kotak Bank is a 'BUY' call with a target of Rs 1120 and a stop loss of Rs 1050."

Buy India Cement with a target of Rs 131: Ashwani Gujral

"India Cement is a 'BUY' call with a target of Rs 131 and a stop loss of Rs 117."

Buy Grasim with a target of Rs 3750: Sandeep Wagle

"Grasim is a 'BUY' call with a target of Rs 3750 and a stop loss of Rs 3670."

Buy Zee Entertainment with a target of Rs 325: Prakash Gaba

"Zee Entertainment is a 'BUY' call with a target of Rs 325 and a stop loss of Rs 300."

Buy Ambuja Cement with a target of Rs 217: Prakash Gaba

"Ambuja Cement is a 'BUY' call with a target of Rs 217 and a stop loss of Rs 211."