Stock Tips and Nifty Tips 08/04/2015

NIFTY OUTLOOK FOR 08/04/2015

RBI LEAVES ALL THE RATES WITH NO CHANGES,
AFTER VOLATILE MOVES NIFTY CLOSES FLAT AT 8660,

BULLS HAVE SOME CONTROL OVER THE MARKET,
AS LONG AS NIFTY TRADE ABOVE 8577,
BULLS CAN MOVE TOWARDS 8755 AND 8844,

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 8577,
ABOVE 8622 BULLS CAN TARGET 8755 AND 8844,
BELOW 8533 BEARS CAN TARGET 8400 AND 8311,

Sell REC with a target of Rs 310: Mitesh Thacker

'REC Ltd is a 'SELL' call with a target of Rs 310 and a stop loss of Rs 329'

Buy Hexaware with a target of Rs 330: Mitesh Thacker

'Hexaware is a 'BUY' call with a target of Rs 330 and a stop loss of Rs 319'

Buy HDIL with a target of Rs 142: Mitesh Thacker

'HDIL is a 'BUY' call with a target of Rs 142 and a stop loss of Rs 124'

Buy Siemens with a target of Rs 1,515: Prakash Gaba

'Siemens Ltd is a 'BUY' call with a target of Rs 1,515 and a stop loss of Rs 1,400'

Buy Britannia with a target of Rs 2,400: Prakash Gaba

'Britannia Ltd is a 'BUY' call with a target of Rs 2,400 and a stop loss of Rs 2,230'

Buy Hindalco with a target of Rs 140: Prakash Gaba

'Hindalco Ltd is a 'BUY' call with a target of Rs 140 and a stop loss of Rs 134'