Stock Tips and Nifty Tips 09/07/2014

NIFTY OUTLOOK FOR 09/07/2014

BULLS RUN AWAY FROM LONGS.
NIFTY SLIP DOWN 150POINTS.
CLOSES AT 7623.
SUPPORT SEEN AT 7600-22 LEVEL.

BIG BUDGET ON THE WAY.
NEWS FLOWS ARE NOT GOOD.
SO VOLATILE ARE DAYS AHEAD.

NOW THE WEEKLY PIVOT PLACED AT 7688.
BULLS HAVE TO SEE A CLOSE ABOVE 7733
FOR ANOTHER UP MOVE.

BEARS GETTING ACTIVE BELOW 7644.
7511 AND 7422 ARE THE WEEKLY TARGET FOR BEARS.

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7688.
ABOVE 7733 BULLS CAN TARGET 7866 AND 7955.
BELOW 7644 BEARS CAN TARGET 7511 AND 7422.

Buy HUL with a target of Rs 650: Mitesh Thacker 

"HUL is a 'BUY' call with a target of Rs 650 and a stop loss of Rs 620."

Buy Britannia with a target of Rs 1080: Mitesh Thacker 

"Britannia is a 'BUY' call with a target of Rs 1075-1080 and a stop loss of Rs 1009."

Buy HDFC Ltd with a target of Rs 1065: Ashwani Gujral  "HDFC is a 'BUY' call with a target of Rs 1065 and a stop loss of Rs 1020." Buy ITC with a target of Rs 348: Ashwani Gujral  "ITC is a 'BUY' call with a target of Rs 348 and a stop loss of Rs 330."

Sell Adani Power with a stop loss of Rs 64: Ashwani Gujral 

"Adani Power is a 'SELL' call with a target of Rs 55 and a stop loss of Rs 64."