Stock Tips and Nifty Tips 16/02/2015

NIFTY OUTLOOK FOR 16/02/2015

BULLS ARE DRIVING MARKET,
RECOVERED FROM 8470 AND SEE A CLOSE
AT 8805 ON FRIDAY,

THE 61.8% RETACEMENT LEVEL,
FOR THE DOWN MOVE FROM 8996 TO 8470,
IS AT 8795,
A CLOSE ABOVE 8822 WILL TELL US
THE STARTING OF BUDGET RALLY,

BUT IF NIFTY SLIP FROM HERE,
AND CLOSE BELOW 8644, THEN BEARS HAVE
DEEP TARGETS BELOW 8300,

NIFTY MADE LOW 2252 IN OCTOBER 2008,
BULLS TEST 8996 ON LAST FRIDAY,
THIS IS 400% MOVE,

SO THE ULTIMATE TARGET IS 800% MOVE AT 18016,
BUT THIS IS TIME FOR CONSOLIDATION AND CORRECTION,

AS PER ASTRO,
WILD SWINGS AWAITED FOR US FROM
JANUARY TO MARCH OF 2015,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8688,
ABOVE 8733 BULLS CAN TARGET 8866 AND 8955,
BELOW 8644 BEARS CAN TARGET 8511 AND 8422

Buy Indiabulls Housing with a target of Rs 650: Mitesh Thacker

Indiabulls Housing is a ‘BUY’ call with a target of Rs 650 and a stop loss of Rs 598.

Buy Gillette with a target of Rs 5000: Mitesh Thacker

Gillette is a ‘BUY’ call with a target of Rs 5000 and a stop loss of Rs 3700.

Buy Bosch with a target of Rs 28,000: Prakash Gaba

Bosch is a ‘BUY’ call with a target of Rs 28,000 and a stop loss of Rs 25400.

Buy Ambuja Cement with a target of Rs 268: Prakash Gaba

Ambuja Cement is a ‘BUY’ call with a target of Rs 268 and a stop loss of Rs 259.

Buy Colgate Palmolive with a target of Rs 1965: Sandeep Wagle

Colgate Palmolive is a ‘BUY’ call with a target of Rs 1965 and a stop loss of Rs 1890.

Buy Biocon with a target of Rs 460: Sandeep Wagle

Biocon is a ‘BUY’ call with a target of Rs 460 and a stop loss of Rs 430.