Stock Tips and Nifty Tips 23/12/2014

NIFTY OUTLOOK FOR 23/12/2014

BULLS ARE IN THE DRIVER SEAT,
SEE A CLOSE ABOVE 8300 AT 8324,
THE 61.8% RETRACEMENT LEVEL 8370 IS THE TARGET,

NOW THE PIVOT PLACED AT 8200,
BULLS CAN SEE X-MAS RALLY ABOVE 8200,
BEARS ARE READY FOR ANOTHER ATTACK BELOW 8155,

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 8200,
ABOVE 8244 BULLS CAN TARGET 8333 AND 8422,
BELOW 8155 BEARS CAN TARGET 8022 AND 7933,

Buy Union Bank with target of Rs 232: Ashwani Gujral

Union Bank is a 'BUY' call with a target of Rs 232 and a stop loss of Rs 220.

Buy SKS Micro with target of Rs 410: Ashwani Gujral

SKS Micro is a 'BUY' call with a target of Rs 410 and a stop loss of Rs 395.

Buy Union Bank with a stop loss of Rs 238: Mitesh Thacker

Union Bank is a 'BUY' call with a target of Rs 238 and a stop loss of Rs 218.

Buy Petronet with a target of Rs 220: Mitesh Thacker

Petronet is a 'BUY' call with a target of Rs 220 and a stop loss of Rs 200.

Sell M&M Financial with a stop loss of Rs 299: Mitesh Thacker

M&M Financial is a 'SELL' call with a target of Rs 299 and a stop loss of Rs 278.