Stock Tips and Nifty Tips 11/03/2015

NIFTY OUTLOOK FOR 11/03/2015

BULL ARE NOT ABLE MOVE ABOVE 8777,
AGAIN BEARS DRIVE THE MARKET TO 8677,
AND NIFTY CLOSES AT 8712,
PIVOT PLACED AT 8844,

ALL THE CLOSES BELOW 8844 ARE BEARS AREA,
THEY CAN TARGET 8577 NOW,
A WEEKLY CLOSE BELOW 8666 IS
A CONFIRMATION OF TREND REVERSAL,

BULLS HAVE TO SEE CLOSE ABOVE 8844 TO STOP THIS,
AND A CLOSE ABOVE 8888 WILL BRING MORE GREEN,

AS POSTED HERE,
MOMENTUM GETTING CONVERGENCE WITH PRICE,
NIFTY MAKING DOUBLE TOP PATTERN,
THE TARGET IF ABOVE PATTERN GET VALID IS 7821,

NIFTY MADE LOW 2252 IN OCTOBER 2008,
BULLS TEST 8996 ON 30/01/2015,
THIS IS 400% MOVE,
SO THE ULTIMATE TARGET IS 800% MOVE AT 18016,
BUT THIS IS TIME FOR CONSOLIDATION AND CORRECTION,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8844,
ABOVE 8888 BULLS CAN TARGET 9022 AND 9111,
BELOW 8800 BEARS CAN TARGET 8666 AND 8577,

Sell HDFC with a target of Rs 1,270: Sandeep Wagle

'HDFC is a 'SELL' call with a target of Rs 1,270 and a stop loss of Rs 1,335'

Sell Adani Enterprises with a target of Rs 635: Sandeep Wagle

Adani Enterprises is a 'SELL' call with a target of Rs 635 and a stop loss of Rs 656.

Sell JSW Energy with a target of Rs 105: Mitesh Thacker

JSW Energy is a 'SELL' call with a target of Rs 105 and a stop loss of Rs 114.

Buy Aurobindo Pharma with a target of Rs 1,178: Sandeep Wagle

'Aurobindo Pharma is a 'BUY' call with a target of Rs 1,178 and a stop loss of Rs 1,115'

Sell DLF with a target of Rs 136: Sandeep Wagle

'DLF is a 'SELL' call with a target of Rs 136 and a stop loss of Rs 151'