Stock Tips and Nifty Tips 10/07/2014

NIFTY OUTLOOK FOR 10/07/2014

STREET FILLED WITH NERVOUSNESS.
BUDGET DAY ON CARD.
BUT NO VOLATILE MOVES SEEN.
EXPECT A CLEAR DIRECTION AFTER
THE BUDGET.

NOW THE WEEKLY PIVOT PLACED AT 7644.
BULLS HAVE TO SEE A CLOSE ABOVE 7688
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 7644.
ABOVE 7688 BULLS CAN TARGET 7777 AND 7866.
BELOW 7600 BEARS CAN TARGET 7511 AND 7422.

Buy BPCL with a target of Rs 615: Ashwani Gujral 

"BPCL is a 'BUY' call with a target of Rs 615 and a stop loss of Rs 580."

Buy ONGC with a target of Rs 421: Ashwani Gujral 

"ONGC is a 'BUY' call with a target of Rs 421 and a stop loss of Rs 400."

Buy Hindustan Zinc with a target of Rs 172: Ashwani Gujral 

"Hind Zinc is a 'BUY' call with a target of Rs 172 and a stop loss of Rs 156."

Buy IDFC with a target of Rs 150: Mitesh Thacker 

"IDFC is a 'BUY' call with a target of Rs 150 and a stop loss of Rs 135."

Sell M&M with a target of Rs 1,140: Mitesh Thacker 

"M&M is a 'SELL' call with a target of Rs 1,140 and a stop loss of Rs 1,192."