Stock Tips and Nifty Tips 16/12/2014

NIFTY OUTLOOK FOR 16/12/2014

NIFTY CLOSES FLAT AFTER GAP DOWN OPENING,
8155 TESTED IN THE OPENING,
NOW THE 8155 LEVEL LOOKING GOOD SUPPORT,
NIFTY MAY BOUNCE A LITTLE FROM HERE,
BUT 8626 MAY GET CROSS OVER IN 2015 ONLY,

NOW THE WEEKLY PIVOT SLIP TO 8288,
BULLS NEED A CLOSE ABOVE 8333 FOR ANOTHER UP MOVE,

NIFTY RALLIED FROM 4531 TO 8626,
SO GOOD CORRECTION NEED FOR NIFTY
TO MAKE TOUR TOWARDS 10000.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8288,
ABOVE 8333 BULLS CAN TARGET 8511 AND 8600,
BELOW 8244 BEARS CAN TARGET 8155 AND 8066,

Buy Sun Pharmaceutical Industries Ltd with a target of Rs 872: Mitesh Thacker

"Sun Pharmaceutical Industries Ltd is a 'BUY' call with a target of Rs 872 and a stop loss of Rs 838."

Buy Coal India Ltd with a target of Rs 389: Sandeep Wagle

"Coal India Ltd is a 'BUY' call with a target of Rs 389 and a stop loss of Rs 370."

Sell Arvind Ltd with a target of Rs 250: Sandeep Wagle

"Arvind Ltd is a 'SELL' call with a target of Rs 250 and a stop loss of Rs 264."

Buy Torrent Pharmaceuticals Ltd with a target of Rs 1150: Prakash Gaba

"Torrent Pharmaceuticals Ltd is a 'BUY' call with a target of Rs 1150 and a stop loss of Rs 1060."