Stock Tips and Nifty Tips 09/10/2014

NIFTY OUTLOOK FOR 09/10/2014

NIFTY CLOSES AT 7842 AFTER RANGE BOUND MOVES,
7822-44 GIVE GOOD SUPPORT TO NIFTY,
ANY CLOSE BELOW THIS 7822-44 LEVEL IS
A CONFIRMATION FOR A TREND REVERSAL,

AS POSTED HERE,
NOW THE WEEKLY PIVOT IS AT 7911,
SO ALL THE CLOSES BELOW 7911 IS BEARS AREA, AND
BEARS HAVE WEEKLY TARGET AT 7690,

BULLS HAVE TO SEE A CLOSE ABOVE 7955 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 7911,
ABOVE 7955 BULLS CAN TARGET 8088, AND 8177,
BELOW 7911 BEARS CAN TARGET 7822 AND 7733,

BT/ST BPCL with a target of Rs 690: Mitesh Thacker

BPCL is a 'BT/ST' call with a target of Rs 690 and a stop loss of Rs 664.

Buy NTPC with a target of Rs 146: Prakash Gaba

NTPC is a 'BUY' call with a target of Rs 146 and a stop loss of Rs 141.

Buy ICICI Bank with a target of Rs 1473: Prakash Gaba

ICICI Bank is a 'BUY' call with a target of Rs 1473 and a stop loss of Rs 1428.

Buy Apollo Tyres with a target of Rs 220: Prakash Gaba

Apollo Tyres is a 'BUY' call with a target of Rs 220 and a stop loss of Rs 207.

Buy NTPC with a target of Rs 1465: Prakash Gaba

NTPC is a 'BUY' call with a target of Rs 1465 and a stop loss of Rs 1428.