NIFTY OUTLOOK FOR 30/06/2014

BUDGET WEEKS ON THE CARD.
NIFTY HAVE TO REACT FOR THE NEWS FLOWS.
IT IS TIME FOR NDA TO DELIVER.

GOOD SUPPORT SEEN AT 7466-7488 LEVEL.
BEARS WILL GET ACTIVE BELOW 7466.
7333 AND 7244 ARE THE WEEKLY TARGET FOR BEARS.

BULLS HAVE TO SEE CLOSE ABOVE 7555 FOR
ANOTHER UP MOVE. THEN 7777 IS THE TARGET.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7511.
ABOVE 7555 BULLS CAN TARGET 7688 AND 7777.
BELOW 7466 BEARS CAN TARGET 7333 AND 7244.

TCS is a buy call with a target of Rs 2450: Ashwani Gujral

TCS is a 'BUY' call with a target of Rs 2450 and a stop loss of Rs 2370.

Power Grid is a buy call with a target of Rs 146: Ashwani Gujral

Power Grid is a 'BUY' call with a target of Rs 146 and a stop loss of Rs 132.

Cadila Health is a buy call with a target of Rs 1100: Mitesh Thacker

Cadila Health is a 'BUY' call with a target of Rs 1100 and a stop loss of Rs 1024.

HCL Tech is a buy call with a target of Rs 1525: Mitesh Thacker

HCL Tech is a 'BUY' call with a target of Rs 1525 and a stop loss of Rs 1459.

INDIAN SHARE MARKET