Stock Tips and Nifty Tips 12/01/2015

NIFTY OUTLOOK FOR 12/01/2015

VOLATILE DAYS STARTED FOR GLOBAL MARKETS,
SOME CORRECTION SEEN FOR NEXT THREE MONTHS,
THIS IS GOOD FOR NEXT BULL RUN FROM APRIL2015,

NIFTY ALSO FOLLOWING GLOBAL TRENDS,
SLIP FROM HIGH-8445 TO LOW 8065 AND CLOSES AT 8284,
WEEKLY PIVOT PLACE AT 8266,

ASTRO SENDING STRONG SELLING SIGNALS
AND BULLISH TREND SEEN ONLY IN FEBRUARY,
WILD SWINGS AWAITED FOR US FROM
JANUARY TO MARCH OF 2015,

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 8266,
ABOVE 8311 BULLS CAN TARGET 8444 AND 8533,
BELOW 8222 BEARS CAN TARGET 8088 AND 8000,

Buy Wockhardt Ltd with a target Rs 1125: Mitesh Thacker

"Wockhardt Ltd is a 'BUY' call with a target of Rs 1125 and a stop loss of Rs 1034"

Buy Dr Reddy's Laboratories Ltd with a target Rs 3240: Ashwani Gujral

"Dr Reddy's Laboratories Ltd is a 'BUY' call with a target of Rs 3240 and a stop loss of Rs 3100"

Sell Hero Motocorp Ltd with a target Rs 2900: Ashwani Gujral

Hero Motocorp Ltd is a 'SELL' call with a target of Rs 2900 and a stop loss of Rs 3000

Buy Tata Consultancy Services Ltd with a target Rs 2560: Ashwani Gujral

"Tata Consultancy Services Ltd is a 'BUY' call with a target of Rs 2560 and a stop loss of Rs 2490"