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Sunday, November 2, 2014

Stock Tips and Nifty Tips 03/11/2014


NIFTY OUTLOOK FOR 03/11/2014


US MARKETS MAKING NEW LIFE TIME HIGHS,
BOTH HOME AND GLOBAL TRENDS HELPING BULLS,
NIFTY TOUCH 8330 AND CLOSES AT 8322,
NOW THE WEEKLY PIVOT PLACED AT 8200,
SO ABOVE 8244 BULLS CAN MOVE TOWARD 8377 AND 8466,
NO PROBLEM FOR BULLS AS LONG AS NIFTY CLOSES
ABOVE 8200,
BUT IT LOOKS LIKES NIFTY MAKING
DOUBLE TOP PATTERN IN DAILY CHARTS, AND THE PRICE
GETTING DIVERGENCE WITH MOMENTUM,
AND AT ANY TIME BIG FALL ON THE CARD,
BEARS ARE WAITING BELOW 8200 AND
ANY CLOSE BELOW 8155 WILL BRING BREATH TO BEARS,
AS POSTED HERE,
NIFTY RALLIED FROM 4500 TO 8300,
SO GOOD CORRECTION NEED FOR NIFTY
TO MAKE TOUR TOWARDS 10000.
THIS CORRECTION MAY STARTED FROM 21/09/2014,
ABOVE CORRECTION MAY COMPLETE BEFORE 31/03/2015,
AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8200,
ABOVE 8244 BULLS CAN TARGET 8377 AND 8466,
BELOW 8155 BEARS CAN TARGET 8022 AND 7933,

Buy Adani Port with a target of Rs 294: Ashwani Gujral

Buy Reliance Capital with a target of Rs 490: Ashwani Gujral

Buy Bank of Baroda with a target of Rs 942: Sandeep Wagle

Buy Tata Steel with a target of Rs 505: Sandeep Wagle

Buy Reliance infra with a target of Rs 650: Prakash Gaba

Buy Reliance Power with a target of Rs 81: Sandeep Wagle

Buy Maruti with a target of Rs 3425: Prakash Gaba

Buy HDIL with a target of Rs 86: Prakash Gaba

Buy Apollo Tyres with a target of Rs 228: Sandeep Wagle

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  4. Apollo Tyres has moved higher by 5% to Rs 229 on the Bombay Stock Exchange (BSE), after the company said that the Delaware Court in the US has ruled in favour of Apollo's motion for Entry of a Declaratory Judgment.
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