Stock Tips and Nifty Tips 24/12/2014

NIFTY OUTLOOK FOR 24/12/2014

BULLS ARE FACING RESISTANCE AT 8355-77 LEVEL,
THE 61.8% RETRACEMENT LEVEL 8370 IS THE TARGET,
TODAY HIGH IS 8364,
MORE UPSIDE ONLY ABOVE 8400,

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,

Sell Aurobindo Pharma with a stop loss of Rs 1095: Sandeep Wagle

"Aurobindo Pharma is a 'BUY' call with a target of Rs 1035 and a stop loss of Rs 1095.."

Buy HDFC Bank with target of Rs 985: Prakash Gaba

"HDFC Bank is a 'BUY' call with a target of Rs 985."

Buy Adani Port with target of Rs 300: Prakash Gaba

"Adani Port is a 'BUY' call with a target of Rs 300 and a stop loss of Rs 290."

Buy GAIL with target of Rs 460: Prakash Gaba

"GAIL is a 'BUY' call with a target of Rs 460 and a stop loss of Rs 430."

Buy Strides Arcolab with a target of Rs 950: Mitesh Thacker

"Strides Arcolab is a 'BUY' call with a target of Rs 950 and a stop loss of Rs 904."

Sell Jain Irrigation with a stop loss of Rs 69: Sandeep Wagle

"Jain Irrigation is a 'BUY' call with a target of Rs 57 and a stop loss of Rs 69."