Stock Tips and Nifty Tips 15/06/2015

NIFTY OUTLOOK FOR 15/06/2015

NIFTY CLOSES BELOW 8000 AT 7982,
50DMA @8353 AND 200DMA@8354,
THIS DEVIL CROSS BRING NIFTY IN TO
THE BEARISH ZONE,

PIVOT SLIP DOWN TO 8022,
BEARS ARE ACTIVE BELOW 8022,
7844 AND 7755 ARE THE WEEKLY TARGETS,

BULLS NEED A CLOSE ABOVE 8066 TO TERMINATE
THE TARGETS OS BEARS,

BEARS ARE FOLLOWING ONE PATTERN,
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 8022,
ABOVE 8066 BULLS CAN TARGET 8200 AND 8288,
BELOW 7977 BEARS CAN TARGET 7844 AND 7755,

• Sell Apollo Hospitals with a target of Rs 1,124: Sandeep Wagle
  'Apollo Hospitals Ltd. is a 'SELL' call with a target of Rs 1,124 and a stop loss of Rs 1,203'
  
  
• Sell Tech Mahindra with a target of Rs 520: Sandeep Wagle
  Tech Mahindra Ltd. is a 'SELL' call with a target of Rs 520 and a stop loss of Rs 550.
  
  
• Sell Wockhardt with a target of Rs 1,225: Mitesh Thacker
  'Wockhardt Ltd. is a 'SELL' call with a target of Rs 1,225 and a stop loss of Rs 1,317'
  
  
• Sell Ajanta Pharma with a target of Rs 1,375: Mitesh Thacker
  'Ajanta Pharma Ltd. is a 'SELL' call with a target of Rs 1,375 and a stop loss of Rs 1,476'