Stock Tips and Nifty Tips 05/12/2014

NIFTY OUTLOOK FOR 05/12/2014

NIFTY SEEKS SIGNAL FROM GLOBAL MARKETS,
NO CLEAR SIGNAL FROM GLOBAL FRONT,
NIFTY GET LITTLE VOLATILE AND
CLOSES AT 8564,

BOTH BULLS AND BEARS HAVE NO HOPES
AND VOLUMES GETTING LOWER,

NOW THE WEEKLY PIVOT IS AT 8533,
BULLS CAN SEE A ANOTHER UP MOVE
IF NIFTY CLOSE ABOVE 8577 AND
BEARS ARE WAITING BELOW 8488,

FROM 8500 AS ALL THE AREA ARE NEW TO NIFTY
NO ONE NO THE HIGH AND WHEN WILL NIFTY
TOPPING OUT, SO AVOID SHORTING IN HIGH LEVELS,
GET CLEAR SELL SIGNAL BEFORE SHORTING,

NIFTY RALLIED FROM 4531 TO 8616,
SO GOOD CORRECTION NEED FOR NIFTY
TO MAKE TOUR TOWARDS 10000.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8533,
ABOVE 8577 BULLS CAN TARGET 8711 AND 8800,
BELOW 8488 BEARS CAN TARGET 8355 AND 8266,

Buy Arvind with a target of Rs 310: Mitesh Thacker

"Arvind is a 'BUY' call with a target of Rs 310 and a stop loss of Rs 284.50"

Buy Siemens with a target of Rs 1000: Mitesh Thacker

"Siemens is a 'BUY' call with a target of Rs 1000 and a stop loss of Rs 934"

Buy Hexaware with a target of Rs 238: Ashwani Gujral

'Hexaware is a 'BUY' call with a target of Rs 238 and a stop loss of Rs 224.'

Buy Raymond with a target of Rs 580: Ashwani Gujral

'Raymond is a 'BUY' call with a target of Rs 580 and a stop loss of Rs 554.'

Buy BPCL with a target of Rs 745: Ashwani Gujral

'BPCL is a 'BUY' call with a target of Rs 745 and a stop loss of Rs 720.'