Stock Tips and Nifty Tips 23/04/2015

NIFTY OUTLOOK FOR 23/04/2015

BEARS MADE A LOW OF 8284,
BULLS FIGHT BACK TO SEE NIFTY ABOVE 8400,
NIFTY CLOSES AT 8429,
THE WEEKLY PIVOT PLACED AT TO 8533,

NIFTY HAVE SUPPORT AT 8288-311 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,

Sell HDFC Bank with a target of Rs 965: Mitesh Thacker

'Sell HDFC Bank with a target of Rs 965 and a stop loss of Rs 1,011'

Sell Bank of India with a target of Rs 210: Mitesh Thacker

'Sell Bank of India with a target of Rs 210 and a stop loss of Rs 222.'

Sell Asian Paints with a target of Rs 760: Mitesh Thacker

'Sell Asian Paints with a target of Rs 760 and a stop loss of Rs 783'

Buy Page Industries with a target of Rs 13,950: Sandeep Wagle

Buy Page Industries with a target of Rs 13,950 and a stop loss of Rs 13,320.

Sell NTPC with a target of Rs 149: Prakash Gaba

'Sell NTPC with a target of Rs 149 and a stop loss of Rs 153'