NIFTY OUTLOOK FOR 23/09/2014

BULLS RECOVERED FROM GAP DOWN OPENING,
MANAGE TO SEE A CLOSE AT 8146,
BULLS ARE ON THE WAY TO RE-TEST 8180 MARK.
8244 AND 8333 ARE THE DREAM DESTINATIONS
FOR BULLS,

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 Delta Corp with a target of Rs 110: Mitesh Thacker

"Delta Corp is a 'BUY' call with a target of Rs 110 and a stop loss of Rs 97."

Buy Axis Bank with a target of Rs 435: Ashwani Gujral

"Axis Bank is a 'BUY' call with a target of Rs 435 and a stop loss of Rs 400."

Buy ICICI Bank with a target of Rs 1653: Ashwani Gujral

"ICICI Bank is a 'BUY' call with a target of Rs 1653 and a stop loss of Rs 1575."

Buy ITC with a target of Rs 378: Sandeep Wagle

"ITC is a 'BUY' call with a target of Rs 378 and a stop loss of Rs 360."

Buy India Cements with a target of Rs 141: Sandeep Wagle

"India Cements is a 'BUY' call with a target of Rs 141 and a stop loss of Rs 129."