Stock Tips and Nifty Tips 30/09/2014

NIFTY OUTLOOK FOR 30/09/2014

RBI POLICY REVIEW ON THE WAY,
TRADERS GETTING CAUTION,
NIFTY CLOSES FLAT AT 7958,

NOW THE WEEKLY PIVOT IS AT 8000 AND
8022-44 LEVEL SEEMS GOOD RESISTANCE, SO
ALL THE CLOSES BELOW 8000 IS BEARS AREA, AND
BEARS HAVE WEEKLY TARGET AT 7690,

BULLS HAVE TO SEE A CLOSE ABOVE 8044 TO
TERMINATE ABOVE VIEW AND FOR AN ANOTHER UP MOVE,

AS POSTED HERE,
NIFTY RALLIED FROM 4500 TO 8200,
SO GOOD CORRECTION NEED FOR NIFTY
TO MAKE TOUR TOWARDS 10000.
THIS CORRECTION MAY STARTED FROM 21/09/2014,

A CLOSE BELOW 7844 WILL
CONFIRM THE TREND REVERSAL,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8000,
ABOVE 8044 BULLS CAN TARGET 8177 AND 8266,
BELOW 7955 BEARS CAN TARGET 7822 AND 7733.

Buy Motherson with a target of Rs 425: Mitesh Thacker

"Motherson is a 'BUY' call with a target of Rs 425 and a stop loss of Rs 400."

Sell Bajaj Auto with a target of Rs 2290: Mitesh Thacker

"Bajaj Auto is a 'BT/ST' call with a target of Rs 2290 and a stop loss of Rs 2331."

Buy IFCI with a target of Rs 38.5: Mitesh Thacker

"IFCI is a 'BUY' call with a target of Rs 38.5 and a stop loss of Rs 36."

Buy TCS with a target of Rs 2800: Prakash Gaba

"TCS is a 'BUY' call with a target of Rs 2800 and a stop loss of Rs 2724."

Buy Sun Pharma Advance with a target of Rs 200: Sandeep Wagle

"Sun Pharma Advance is a 'BUY' call with a target of Rs 200 and a stop loss of Rs 189."