Stock Tips and Nifty Tips 07/04/2015

NIFTY OUTLOOK FOR 07/04/2015

AFTER LOT OF CONSOLIDATION,
BULLS JUMP ABOVE 8644, TEST 8667
AND SEE A CLOSE AT 8659,

RBI POLICY ON TUESDAY,
ANY GREEN SIGNAL WILL BOOST THE BULLS,
THEN BULLS CAN MOVE TOWARDS 8688 AND 8777,

THE FOLLOWING PATTERN HAVE SOME VALUE
AS LONG AS NIFTY TRADE BELOW 9119,

THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE BOTTOM PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8511,
ABOVE 8555 BULLS CAN TARGET 8688 AND 8777,
BELOW 8466 BEARS CAN TARGET 8333 AND 8244,

Buy Cipla with a target of Rs 745: Mitesh Thacker

'Cipla Ltd is a 'BUY' call with a target of Rs 745 and a stop loss of Rs 726.50'

Buy Dr Reddy's Labs with a target of Rs 3,720: Ashwani Gujral

'Dr Reddy's Labs Ltd is a 'BUY' call with a target of Rs 3,720 and a stop loss of Rs 3,600'

Buy Jubilant Foodworks with a target of Rs 1,620: Ashwani Gujral

'Jubilant Foodworks Ltd is a 'BUY' call with a target of Rs 1,620 and a stop loss of Rs 1,500'

Buy Titan with a target of Rs 420: Ashwani Gujral

'Titan Ltd is a 'BUY' call with a target of Rs 420 and a stop loss of Rs 398'

Buy Glenmark Pharma with a target of Rs 830: Prakash Gaba

'Glenmark Pharma Ltd is a 'BUY' call with a target of Rs 830 and a stop loss of Rs 793'