Stock Tips and Nifty Tips 24/09/2014

NIFTY OUTLOOK FOR 24/09/2014

BULLS ARE FACING BIG RESISTANCE AT 8155-77
LEVEL AND BEARS STARTED THE THE INNINGS.
NIFTY CLOSES AT 8017 WELL BELOW 8044.

7911-33 IS NEXT SUPPORT LEVEL FOR NIFTY,
AND 7822-44 IS BIG SUPPORT.
ON THE UP SIDE BULLS HAVE TO SEE A CLOSE
ABOVE 8088 FOR ANOTHER UP MOVE,

GLOBAL MARKETS GETTING VOLATILE,
GOLD PRICE SLIPPING DOWN.
WE ARE UNDER GOING 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 Maruti with a target of Rs 3050: Ashwani Gujral

Maruti is a 'BUY' call with a target of Rs 3130 and a stop loss of Rs 3050.

Sell Adani Enterprises with a stop loss of Rs 491: Ashwani Gujral

Adani Enterprises is a 'SELL' call with a target of Rs 465 and a stop loss of Rs 491.

Sell Aurobindo Pharma with a stop loss of Rs 850: Ashwani Gujral

Aurobindo Pharma is a 'SELL' call with a target of Rs 790 and a stop loss of Rs 850.

Sell ACC with a stop loss of Rs 1481: Mitesh Thacker

ACC is a 'SELL' call with a target of Rs 1440 and a stop loss of Rs 1481.