NIFTY OUTLOOK FOR 24/11/2014

BULLS ARE MAKING NEW HIGHS,
EVERY DIPS SEE SOME BUYING,
NIFTY CLOSES AT 8477,

8422 IS THE WEEKLY PIVOT,
ABOVE 8466 BULLS CAN MOVE TOWARDS 8600 AND 8688,

ASTRO SIGNAL GREEN FOR NIFTY UP TO
WEDNESDAY THIS WEEK, AND
VOLATILE SETTELEMENT DAY EXPECTED,

BEARS HAVE SOME JOBS AFTER A CLOSE
BELOW 8377,

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,

AS POSTED HERE,
NIFTY RALLIED FROM 4531 TO 8489,
SO GOOD CORRECTION NEED FOR NIFTY
TO MAKE TOUR TOWARDS 10000.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8422,
ABOVE 8466 BULLS CAN TARGET 8600 AND 8688,
BELOW 8377 BEARS CAN TARGET 8244 AND 8155,

We like some of the automobile names, like Maruti and Hero MotoCorp. These are excellent buys and investors can get into these stocks.

"Jubilant Food is a 'BUY' call with a target of Rs 1520 and a stop loss of Rs 1450."

"ICICI Bank is a 'BUY' call with a target of Rs 1785 and a stop loss of Rs 1720."

"Punjab National Bank is a 'BUY' call with a target of Rs 1010 and a stop loss of Rs 970."

"Jubilant Food is a 'BUY' call with a target of Rs 1525 and a stop loss of Rs 1430."

CapitalStars07November 23, 2014 at 10:42 PM
State Bank of India (SBI) is on top of the banking list, with a market-cap of Rs 229,907 crore, followed by HDFC Bank with an m-cap of Rs 226,041 crore.
commodity tips

Pinnacle Market Investment AdvisoryNovember 24, 2014 at 2:04 AM
nice and very well return. thanks for the beneficial stock news to all traders.

intraday tips
Pooja PariyaNovember 24, 2014 at 2:04 AM
The FIIs were net buyers of Rs 122.5 cr in the cash segment on Friday while the DIIs were net sellers of Rs. 137.59 cr, as per the provisional figures released by the NSE.
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