Stock Tips and Nifty Tips 29/10/2014

NIFTY OUTLOOK FOR 29/10/2014

BULLS SEE A CLOSE ABOVE 8022,
ABOVE 8044 BULLS CAN MAKE
ANOTHER UP MOVE TOWARDS 8133 AND 8222,

BEARS ARE WAITING BELOW 7955 AND
ANY CLOSE BELOW 7955 WILL BRING BACK
BEARS, THEN 7688 IS WEEKLY TARGET
FOR BEARS,

GLOBAL TRENDS GETTING VOLATILE AND
WE ARE ENTERING SETTLEMENT WEEK
SO CAUTION NEEDED, AS VOLATILE MOVES EXPECTED,

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,
ABOVE CORRECTION MAY COMPLETE BEFORE 31/03/2015,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 7955,
ABOVE 8000 BULLS CAN TARGET 8133 AND 8222,
BELOW 7911 BEARS CAN TARGET 7777 AND 7688,

Sell Arvind Ltd with a stop loss of Rs 293: Sandeep Wagle

"Arvind Ltd is a 'SELL' call with a target of Rs 279 and a stop loss of Rs 293."

Buy Oriental Bank with a target of Rs 291: Sandeep Wagle

"Oriental Bank is a 'BUY' call with a target of Rs 291 and a stop loss of Rs 267."

Buy Igarashi Motors with a target of Rs 350: Prakash Gaba

"Igarashi Motors is a 'BUY' call with a target of Rs 350 and a stop loss of Rs 294-300."

Buy Kalyani Steel with a target of Rs 190: Prakash Gaba

"Kalyani Steel is a 'BUY' call with a target of Rs 190 and a stop loss of Rs 160."

Buy Wipro with a target of Rs 572: Prakash Gaba

"Wipro is a 'BUY' call with a target of Rs 572 and a stop loss of Rs 557."