Stock Tips and Nifty Tips 07/10/2014

NIFTY OUTLOOK FOR 07/10/2014

NIFTY CLOSES AT 7945, AFTER THREE TRADING
DAYS WEEK, SO ACTION FILLED WEEK IS AHEAD,

WEEKLY LOW IS 7924 AND HIGH IS 8030,
NOW THE WEEKLY PIVOT IS AT 8000 AND
8022-44 LEVEL SEEMS GOOD RESISTANCE,

SO ALL THE CLOSES BELOW 8000 IS BEARS AREA, AND
BEARS HAVE WEEKLY TARGET AT 7690,

BULLS HAVE TO SEE A CLOSE ABOVE 8044 TO
TERMINATE ABOVE VIEW AND FOR AN ANOTHER UP MOVE,

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

A CLOSE BELOW 7844 WILL
CONFIRM THE TREND REVERSAL,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8000,
ABOVE 8044 BULLS CAN TARGET 8177 AND 8266,
BELOW 7955 BEARS CAN TARGET 7822 AND 7733,

Buy Hexaware with a target of Rs 210: Prakash Gaba

"Hexaware is a 'BUY' call with a target of Rs 210 and a stop loss of Rs 200."

Buy Sun TV with a target of Rs 360: Prakash Gaba

"Sun TV is a 'BUY' call with a target of Rs 360 and a stop loss of Rs 336."

Buy Tech Mahindra with a target of Rs 2600: Prakash Gaba

"Tech Mahindra is a 'BUY' call with a target of Rs 2600."

Buy Infosys with a target of Rs 3850: Prakash Gaba

"Infosys is a 'BUY' call with a target of Rs 3850 and a stop loss of Rs 3750."

Buy HCL Tech with a target of Rs 1790: Prakash Gaba

"HCL Tech is a 'BUY' call with a target of Rs 1790 and a stop loss of Rs 1720."

Buy Colgate with a target of Rs 1800: Prakash Gaba

"Colgate is a 'BUY' call with a target of Rs 1800 and a stop loss of Rs 1740."

Buy Idea with a target of Rs 178: Sandeep Wagle

"Idea is a 'BUY' call with a target of Rs 178 and a stop loss of Rs 166."

Buy HCL Tech with a target of Rs 1795: Sandeep Wagle

"HCL Tech is a 'BUY' call with a target of Rs 1795 and a stop loss of Rs 1730."

Sell PTC with a stop loss of Rs 86.5: Sandeep Wagle

"PTC is a 'SELL' call with a target of Rs 79 and a stop loss of Rs 86.5."

Sell PNB with a stop loss of Rs 890: Ashwani Gujral

"PNB is a 'SELL' call with a target of Rs 855 and a stop loss of Rs 890."

Sell Yes Bank with a stop loss of Rs 560: Ashwani Gujral

"Yes Bank is a 'SELL' call with a target of Rs 535 and a stop loss of Rs 560."

Buy Wipro with a target of Rs 625: Ashwani Gujral

"Wipro is a 'BUY' call with a target of Rs 625 and a stop loss of Rs 608."

Buy IFCI with a target of Rs 38.5: Mitesh Thacker

"IFCI is a 'BUY' call with a target of Rs 38.5 and a stop loss of Rs 35."