Stock Tips and Nifty Tips 12/12/2014

NIFTY OUTLOOK FOR 12/12/2014

THE LOW TODAY IS 8272,
THE WEEKLY TARGET FOR BEARS 8288 COMPLETED,
FRIDAY SOME RECOVERY EXPECTED,

NOW THE WEEKLY PIVOT SLIP DOWN TO 8400,
BULLS HAVE TO SEE A CLOSE ABOVE 8444 TO
RETURN BACK IN TO THE CONTROL,

NIFTY RALLIED FROM 4531 TO 8626,
SO GOOD CORRECTION NEED FOR NIFTY
TO MAKE TOUR TOWARDS 10000.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8400,
ABOVE 8444 BULLS CAN TARGET 8622 AND 8711,
BELOW 8355 BEARS CAN TARGET 8288 AND 8200,

Buy Lumax Auto Technologies with a target of Rs 360: Daljeet Singh Kohli

Daljeet Singh Kohli: We have a buy target of Rs 360 for Lumax Auto Technologies.

Sell rating for Bharti Airtel: Daljeet Singh Kohli

In terms off valuation, stock is now trading at 7.5 times EV to EBITDA, which is a higher multiple and it should not trade more than 6.5 times.

Recommend to avoid microfiance space: Daljeet Singh Kohli

I do not like this business model of going into microfinance because mainly my concern is that these deals with very poor people.

Buy Ipca Laboratories Ltd with a target of Rs 830

Daljeet Singh Kohli: We have a buy rating with a target of 830, I do not think we are disturbed by this inspection.

Stay invested, accumulate in smaller quantities: Daljeet Singh Kohli

So we are advising our clients to stay put wherever you are already invested, accumulate may be in a smaller quantities the stocks.

Buy IDFC Ltd with a target of Rs 168: Sandeep Wagle

"IDFC Ltd is a 'BUY' call with a target of Rs 168 and a stop loss of Rs 156."