Stock Tips and Nifty Tips 12/02/2015

NIFTY OUTLOOK FOR 12/02/2015

BULLS ARE DOING RECOVERY JOB,
NIFTY CLOSES AT 8627,
THE 50% RETRACEMANT FOR THE FALL FROM 8996 TO 8470,
IS AT 8733,
THE 38.2% RETACEMENT LEVEL AT 8672,

NOW 8733 IS THE TARGET FOR BULLS,
FURTHER UP MOVE ONLY AFTER A CLOSE ABOVE 8733,
IF NIFTY SLIP FROM 8733 THEN, BEARS HAVE
8207 AS FEBRUARY TARGET,

NOW THE WEEKLY PIVOT PLACED AT 8644,
NEXT BIG SUPPORT FOR BULLS IS AT 8444 50DMA LEVEL,
ANY CLOSE BELOW THIS LEVEL WILL BRING
MORE BEARS AND MORE RED,

BULLS NEED A CLOSE ABOVE 8688
TO TAKE THE CONTROL,

NIFTY MADE LOW 2252 IN OCTOBER 2008,
BULLS TEST 8996 ON LAST FRIDAY,
THIS IS 400% MOVE,

SO THE ULTIMATE TARGET IS 800% MOVE AT 18016,
BUT THIS IS TIME FOR CONSOLIDATION AND CORRECTION,

AS PER ASTRO,
WILD SWINGS AWAITED FOR US FROM
JANUARY TO MARCH OF 2015,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8711,
ABOVE 8755 BULLS CAN TARGET 8888 AND 8977,
BELOW 8666 BEARS CAN TARGET 8533 AND 8444,

Buy Lupin with a target of Rs 1640: Sandeep Wagle

Lupin is a 'BUY' call with a target of Rs 1640 and a stop loss of Rs 1575.

Buy Adani Enterprises with a target of Rs 702: Sandeep Wagle

Adani Enterprises is a 'BUY' call with a target of Rs 702 and a stop loss of Rs 651.

Buy Castrol with a target of Rs 510: Prakash Gaba

Castrol is a 'BUY' call with a target of Rs 510 and a stop loss of Rs 475.

Buy UPL with a target of Rs 462: Sandeep Wagle

UPL is a 'BUY' call with a target of Rs 462 and a stop loss of Rs 426.

Buy Adani Enterprises with a target of Rs 702: Sandeep Wagle

Adani Enterprises is a 'BUY' call with a target of Rs 702 and a stop loss of Rs 645.