Stock Tips and Nifty Tips 16/01/2015

NIFTY OUTLOOK FOR 16/01/2015

UNEXPECTED RATE CUT FROM RBI GIVE
EXTRA BOOST TO THE BULLS,
BULLS FLY LIKE ANYTHING
NIFTY CLOSES AT 8494 AFTER TESTING 8526,

BUT NO ONE KNOW HOW LONG THIS FIREWORK
GOING TO SUSTAIN, AS GLOBAL MARKETS
STARTING FOR CORRECTION,

NOW THE PIVOT JUMPED UP TO 8400,
8577 IS TARGET FOR BULLS,
BUT AS GLOBAL MARKETS GETTING VOLATILE,
BELOW 8355 BEARS ARE WAITING TO GUIDE
NIFTY BELOW 8000,

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

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 8400,
ABOVE 8444 BULLS CAN TARGET 8577 AND 8666,
BELOW 8355 BEARS CAN TARGET 8222 AND 8133,

Buy DLF with a target of Rs 160:Prakash Gaba

DLF is a 'BUY' call with a target of Rs 160 and a stop loss of Rs 140.

Buy HDFC Bank with a target of Rs 1,005:Prakash Gaba

HDFC Bank is a 'BUY' call with a target of Rs 1,005 and a stop loss of Rs 980.

Buy Power Grid with a target of Rs 147:Prakash Gaba

Power Grid is a 'BUY' call with a target of Rs 147 and a stop loss of Rs 138.

Buy Tata Motors DVR with a target of Rs 354: Ashwani Gujral

Tata Motors DVR is a 'BUY' call with a target of Rs 354 and a stop loss of Rs 338.

Buy IDFC with a target of Rs 172: Ashwani Gujral

IDFC is a 'BUY' call with a target of Rs 172 and a stop loss of Rs 158.

Buy Union Bank with a target of Rs 252: Ashwani Gujral

Union Bank is a 'BUY' call with a target of Rs 252 and a stop loss of Rs 232.