Stock Tips and Nifty Tips 10/06/2014

NIFTY OUTLOOK FOR 10/06/2014

GLOBAL AND DOMESTIC NEWS FLOWS
SUPPORTING BULLS. 7644 DONE TODAY.
NEXT TARGET AT 7733.

THE FEAR OF MISSING EXCEEDING THE FEAR OF
LOOSING IN DALAL STREET.

NOW THE WEEKLY PIVOT PLACED MOVED TO 7555.
ALL THE CLOSES ABOVE 7555 ARE BULLS AREA.
BULLS CAN MOVE TOWARDS 7733.

BEARS CAN BREATH AFTER A CLOSE BELOW 7511.
THEN THEY CAN MOVE TOWARDS 7377 AND 7288.

BUT AS THE MOMENTUM COMING DOWN,
AND THE PRICE GOING UP, THE PRICE GET
DIVERGENCE WITH THE MOMENTUM.
CAUTION AND STOPLOSS NEEDED FOR LONGS.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7555.
ABOVE 7600 BULLS CAN TARGET 7644 AND 7733.
BELOW 7511 BEARS CAN TARGET 7377 AND 7288.

Buy Mcleod Russel with a target of Rs 315: Ashwani Gujral 

Mcleod Russel is a 'BUY' call with a target of Rs 315 and a stop loss of Rs 297.

Buy Canara Bank with a target of Rs 512: Ashwani Gujral 

Canara Bank is a 'BUY' call with a target of Rs 512 and a stop loss of Rs 480.

Buy Asian Paints with a target of Rs 546: Ashwani Gujral 

Asian Paints is a 'BUY' call with a target of Rs 546 and a stop loss of Rs 520.

Buy Jain Irrigation with a target of Rs 144: Sandeep Wagle 

Jain Irrigation is a 'BUY' call with a target of Rs 144 and a stop loss of Rs 120.

Buy Sun TV with a target of Rs 510: Sandeep Wagle 

Sun TV is a 'BUY' call with a target of Rs 510 and a stop loss of Rs 445.

Buy Unitech with a target of Rs 52: Sandeep Wagle 

Unitech is a 'BUY' call with a target of Rs 52 and a stop loss of Rs 33.90.