Stock Tips and Nifty Tips 19/03/2015

NIFTY OUTLOOK FOR 19/03/2015

ANOTHER CHOPPY DAY,
BEARS HIT NIFTY AT ALL THE RISES,
8746 IS THE HIGH, AND
NIFTY CLOSES AT 8685,

GLOBAL TREND GETTING VOLATILE AHEAD
OF FED MOVE,
VOLATILE MOVES EXPECTED FOR ANOTHER
TWO DAYS,

REST REMAIN SAME AS FOLLOWS,
LAST WEEK NIFTY CLOSES BELOW 8666,
THIS IS WEEKLY CLOSE BELOW 8666,
THIS IS A CONFIRMATION OF REVERSAL,
ALSO THIS IS CONFIRMATION OF DOUBLE BOTTOM PATTERN,
THIS PATTERN HAVE THE TARGET AT 7821,

DOLLAR INDEX JUMPING ABOVE 100,
EQUITY MARKETS GETTING VOLATILE,
CRUDE AND GOLD ARE SLIPPING DOWN,

NOW THE WEEKLY PIVOT SLIP DOWN TO 8733,
ALL THE CLOSES BELOW 8733 ARE BEARS AREA,
THEY CAN TARGET 8555 AND 8466 IN THIS WEEK AHEAD,

BULLS HAVE TO SEE CLOSE ABOVE 8733 TO STOP THIS,
AND A CLOSE ABOVE 8777 WILL BRING MORE GREEN,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8733,
ABOVE 8777 BULLS CAN TARGET 8911 AND 9000,
BELOW 8688 BEARS CAN TARGET 8555 AND 8466,

Sell Asian Paints with a target of Rs 800: Mitesh Thacker

'Asian Paints is a 'SELL' call with a target of Rs 800 and a stop loss of Rs 824'

Buy Biocon with a target of Rs 453: Mitesh Thacker

'Biocon is a 'BUY' call with a target of Rs 453 and a stop loss of Rs 434'

Sell ONGC with a target of Rs 285: Ashwani Gujral

'ONGC is a 'SELL' call with a target of Rs 285 and a stop loss of Rs 320'

Buy Gati with a target of Rs 256: Ashwani Gujral

'Gati is a 'BUY' call with a target of Rs 256 and a stop loss of Rs 230'

Buy MCX with a target of Rs 1,240: Ashwani Gujral

MCX is a 'BUY' call with a target of Rs 1240 and a stop loss of Rs 1160.