Stock Tips And Nifty Tips For 22/05/2014

NIFTY OUTLOOK FOR 22/05/2014

THE WEEKLY PIVOT IS NOW 7288.
NIFTY TRADING BETWEEN 7200-7377.

AFTER A CLOSE ABOVE 7333,
BULLS MAY TRY TO TOUCH 7563 AGAIN.

AFTER A CLOSE BELOW 7244,
BEARS MAY FILL THE GAP BETWEEN 6862-6067.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7288.
ABOVE 7333 BULLS CAN TARGET 7377 AND 7466.
BELOW 7244 BEARS CAN TARGET 7200 AND 7111.

Buy United Spirits with a stop loss of Rs 2850: Ashwani Gujral 

United Spirits is a 'BT/ST' call with a target of Rs 2850 and a stop loss of Rs 2700.

Sell Lupin with a stop loss of Rs 953: Mitesh Thacker

Lupin is a 'SELL' call with a target of Rs 880 and a stop loss of Rs 953 .

Sell Tata Motors with a stop loss of Rs 441: Mitesh Thacker 

Tata Motors is a 'SELL' call with a target of Rs 425 and a stop loss of Rs 441.

Buy Godrej Industries with a target of Rs 330: Mitesh Thacker 

Godrej Industries is a 'BUY' call with a target of Rs 330 and a stop loss of Rs 306.

Sell Yes Bank with a stop loss of Rs 541: Ashwani 

Gujral

Yes Bank is a 'SELL' call with a target of Rs 515 and a stop loss of Rs 541 .

Sell Reliance Infra with a stop loss of Rs 710: Ashwani Gujral

Reliance Infra is a 'SELL' call with a target of Rs 660 and a stop loss of Rs 710.