Stock Tips and Nifty Tips 10/06/2015

NIFTY OUTLOOK FOR 10/06/2015

NIFTY CLOSES AT 8022,
JUST ABOVE THE 8000 MARK,

BULLS ARE HAVING HOPES AT 7977-8000 LEVEL,
HAVE TO WAIT AND SEE HOW LONG
THIS SUPPORT GOING TO HOLD,

AS POSTED HERE,
NIFTY ENTERING IN TO BEARISH ZONE,
8000 IS THE GOOD SUPPORT,
ANY TWO CLOSES BELOW 8000 WILL LEAD NIFTY TO 7511,

PIVOT PLACED AT 8177,
BULLS NEED A CLOSE ABOVE 8222 FOR ANOTHER UP MOVE,
BULLS NEED A CLOSE ABOVE 8511 TO AVOID 7511,

BEARS HAVE FOLLOWING ONE PATTERN,
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 8177,
ABOVE 8222 BULLS CAN TARGET 8355 AND 8444,
BELOW 8177 BEARS CAN TARGET 8044 AND 7955,

BUY Biocon with a target of Rs 459: Sandeep Wagle

'Biocon is a 'BUY' call with a target of Rs 459 and a stop loss of Rs 441.'

SELL Havells with a target of Rs 252: Sandeep Wagle

'Havells is a 'SELL' call with a target of Rs 252 and a stop loss of Rs 268.'

SELL LIC with a target of Rs 385: Prakash Gaba

'LIC Ltd. is a 'SELL' call with a target of Rs 385 and a stop loss of Rs 400'

SELL Tech Mahindra with a target of Rs 495: Sandeep Wagle

'Tech Mahindra is a 'SELL' call with a target of Rs 495 and a stop loss of Rs 540'

BUY UBL with a target of Rs 945: Sandeep Wagle

'UBL is a 'BUY' call with a target of Rs 945 and a stop loss of Rs 900'

SELL Petronet LNG with a target of Rs 170: Prakash Gaba

'Petronet LNG is a 'SELL' call with a target of Rs 170 and a stop loss of Rs 176'