Stock Tips and Nifty Tips 18/12/2014

NIFTY OUTLOOK FOR 18/12/2014

NIFTY SLIP BELOW 8000, TEST 7961,
AND CLOSES AT 8029,
GLOBAL TRENDS HELPING BEARS,

THE SUPPORT PLACED AT 7977-8000 LEVEL,
NOW THE WEEKLY PIVOT SLIP TO 8111,
BULLS NEED A CLOSE ABOVE 8155 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 8111,
ABOVE 8155 BULLS CAN TARGET 8288 AND 8377,
BELOW 8066 BEARS CAN TARGET 7933 AND 7844,

Sell Hexaware with a target of Rs 185: Mitesh Thacker

"Hexaware is a 'SELL' call with a target of Rs 185 and a stop loss of Rs 206."

Sell Hero Motors with a target of Rs 3000: Mitesh Thacker

"Hero Motors is a 'SELL' call with a target of Rs 3000 and a stop loss of Rs 3100."

Buy Godrej Industries with a target of Rs 296: Ashwani Gujral

"Godrej Industries is a 'BUY' call with a target of Rs 296 and a stop loss of Rs 279."

Sell Cipla with a target of Rs 590: Ashwani Gujral

"Cipla is a 'SELL' call with a target of Rs 590 and a stop loss of Rs 612."

Sell UltraTech Cement with a target of Rs 2400: Ashwani Gujral

"UltraTech Cement is a 'SELL' call with a target of Rs 2400 and a stop loss of Rs 2460."