Stock Tips and Nifty Tips 12/03/2015

NIFTY OUTLOOK FOR 12/03/2015

DOLLAR INDEX ON THE WAY TO 100,
EQUITY MARKETS GETTING VOLATILE,
CRUDE AND GOLD ARE SLIPPING DOWN,

IN THE NIFTY TODAY ALSO,
BULL ARE NOT ABLE MOVE ABOVE 8777,
NIFTY TRADE IN RANGE,
AND NIFTY CLOSES AT 8699,
PIVOT PLACED AT 8844,

ALL THE CLOSES BELOW 8844 ARE BEARS AREA,
THEY CAN TARGET 8577 NOW,
A WEEKLY CLOSE BELOW 8666 IS
A CONFIRMATION OF TREND REVERSAL,

BULLS HAVE TO SEE CLOSE ABOVE 8844 TO STOP THIS,
AND A CLOSE ABOVE 8888 WILL BRING MORE GREEN,

AS POSTED HERE,
MOMENTUM GETTING CONVERGENCE WITH PRICE,
NIFTY MAKING DOUBLE TOP PATTERN,
THE TARGET IF ABOVE PATTERN GET VALID IS 7821,

NIFTY MADE LOW 2252 IN OCTOBER 2008,
BULLS TEST 8996 ON 30/01/2015,
THIS IS 400% MOVE,
SO THE ULTIMATE TARGET IS 800% MOVE AT 18016,
BUT THIS IS TIME FOR CONSOLIDATION AND CORRECTION,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8844,
ABOVE 8888 BULLS CAN TARGET 9022 AND 9111,
BELOW 8800 BEARS CAN TARGET 8666 AND 8577,

Idea Cellular valuations to look attractive around Rs 145-150 levels: Mehraboon Irani

Irani believes that investors are only looking at momentum, they are looking at short-term opportunities. But, Idea is a lon...

Petronet LNG is a 'BUY' call with a target of Rs 169 and a stop loss of Rs 182.50.

'Buy Petronet LNG with a target of Rs 169 and a stop loss of Rs 182.50.'

Buy Century Textiles with a target of Rs 600: Mitesh Thacker

'Century Textiles is a 'BUY' call with a target of Rs 600 and a stop loss of Rs 568'

Buy Bharat Forge with a target of Rs 1,350: Ashwani Gujral

'Bharat Forge is a 'BUY' call with a target of Rs 1,350 and a stop loss of Rs 1,285'

Buy Motherson Sumi with a target of Rs 502: Ashwani Gujral

'Motherson Sumi is a 'BUY' call with a target of Rs 502 and a stop loss of Rs 475'