Stock Tips and Nifty Tips 22/04/2015

NIFTY OUTLOOK FOR 22/04/2015

TODAY NIFTY HIT THE LOW OF 8353 AND
CLOSES AT 8377,
THE WEEKLY PIVOT SLIP DOWN TO 8533,

NIFTY HAVE SUPPORT AT 8311-33 LEVEL,
HOPES ARE THERE NIFTY MAY JUMP A LITTLE
FROM HERE TO 8488 LEVEL,
BULLS HAVE SOME WORK ONLY ABOVE 8577,

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 8688,
ABOVE 8733 BULLS CAN TARGET 8866 AND 8955,
BELOW 8644 BEARS CAN TARGET 8511 AND 8422,

Buy Adani Enterprises with a target of Rs 663: Adani Enterprises

'Buy Adani Enterprises with a target of Rs 663 and a stop loss of Rs 632'

Buy NCC with a target of Rs 110: Ashwani Gujral

'Buy NCC with a target of Rs 110 and a stop loss of Rs 97'

Sell Apollo Hospitals with a target of Rs 1,200: Sandeep Wagle

'Sell Apollo Hospitals with a target of Rs 1,200 and a stop loss of Rs 1,270'

Sell Dish TV with a target of Rs 73: Sandeep Wagle

'Sell Dish TV with a target of Rs 73 and a stop loss of Rs 80.50'

Sell Hindalco with a target of Rs 131: Sandeep Wagle

'Sell Hindalco with a target of Rs 131 and a stop loss of Rs 138'