Stock Tips and Nifty Tips 17/03/2015

NIFTY OUTLOOK FOR 17/03/2015

BULLS ARE NOT ABLE MOVE ABOVE 8666, AND
BEARS ARE NOT ABLE TO SLIP BELOW 8611,
BREAK OF THIS 55POINTS RANGE WILL GIVE
US THE DIRECTION FOR TUESDAY AND WEDNESDAY,

REST REMAIN SAME AS FOLLOWS,
LAST WEEK NIFTY CLOSES BELOW 8666,
THIS IS WEEKLY CLOSE BELOW 8666,
THIS IS A CONFIRMATION OF REVERSAL,
ALSO THIS IS CONFIRMATION OF DOUBLE BOTTOM PATTERN,
THIS PATTERN HAVE THE TARGET AT 7821,

DOLLAR INDEX JUMPING ABOVE 100,
EQUITY MARKETS GETTING VOLATILE,
CRUDE AND GOLD ARE SLIPPING DOWN,

NOW THE WEEKLY PIVOT SLIP DOWN TO 8733,
ALL THE CLOSES BELOW 8733 ARE BEARS AREA,
THEY CAN TARGET 8555 AND 8466 IN THIS WEEK AHEAD,

BULLS HAVE TO SEE CLOSE ABOVE 8733 TO STOP THIS,
AND A CLOSE ABOVE 8777 WILL BRING MORE GREEN,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8733,
ABOVE 8777 BULLS CAN TARGET 8911 AND 9000,
BELOW 8688 BEARS CAN TARGET 8555 AND 8466,

'Mahindra & Mahindra is a 'SELL' call with a target of Rs 1,180 and a stop loss of Rs 1,232'

'Mahindra & Mahindra is a 'SELL' call with a target of Rs 1,180 and a stop loss of Rs 1,232'

Buy Torrent Pharma with a target of Rs 1,200: Prakash gaba

'Torrent Pharma is a 'BUY' call with a target of Rs 1,200 and a stop loss of Rs 1,105'

Buy Asian Paints with a target of Rs 820: Sandeep Wagle

'Asian Paints is a 'BUY' call with a target of Rs 820 and a stop loss of Rs 845'

Sell IRB Infra with a target of Rs 220: Sandeep Wagle

'IRB Infra is a 'SELL' call with a target of Rs 220 and a stop loss of Rs 231'