Stock Tips and Nifty Tips 13/08/2015

NIFTY OUTLOOK FOR 13/08/2015

AGAIN BEARS HIT NIFTY,
CHINA CURRENCY DE-VALUATION HIT THE MARKETS,
NIFTY CLOSES AT 8449 AFTER TESTING LOW OF 8338,

NIFTY TAKES OUT 8444-66 TREND LINE SUPPORT,
NOW 8311-8333 IS GOOD SUPPORT,
BUT WE HAVE TO SEE HOW THIS SUPPORT WORK,

NOW THE PIVOT SLIP DOWN TO 8444,
SO BELOW 8400 BEARS CAN HIT LIKE ANYTHING,
BULLS NEED A CLOSE ABOVE 8488 TO GET CONTROL,

AS PER ASTRO,
GURU SHIFTED IN TO THE SIMMAM HOME,
GURU WILL SAIL IN SIMMAM HOME UP TO 21/12/2015,
ON 22/12/2015 GURU WILL SHIFT IN TO KANYA HOME,
IN 5.5 MONTHS GURU WILL PASS OVER SIMMAM HOME,
NORMALLY IT WILL TAKE ONE YEAR,

THIS EXPRESS MOVE WILL BRING FAST GREEN TO EQUITY
MARKETS, NIFTY WILL SET RECORD HIGH BEFORE 21/12/2015,
BANK NIFTY WILL CONTRIBUTE MORE AND MORE,
AVOID SHORTING NIFTY AND BANK NIFTY UP TO 21/12/2015,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8444,
ABOVE 8488 BULLS CAN TARGET 8711 AND 8800,
BELOW 8400 BEARS CAN TARGET 8311 AND 8266,

Sell Bajaj Auto with a target of Rs 2370: Mitesh Thacker

'Bajaj Auto is a 'SELL' call with a target of Rs 2370 and a stop loss of Rs 2490.'

Sell HDIL with a target of Rs 74: Ashwani Gujral

'HDIL is a 'SELL' call with a target of Rs 74 and a stop loss of Rs 86.'

Sell REC with a target of Rs 244: Ashwani Gujral

'REC is a 'SELL' call with a target of Rs 244 and a stop loss of Rs 261.'

Buy TCS with a target of Rs 2740: Ashwani Gujral

'TCS is a 'BUY' call with a target of Rs 2740 and a stop loss of Rs 2660.'

Stock Tips and Nifty Tips 12/08/2015

NIFTY OUTLOOK FOR 12/08/2015

BEARS MAKE A FOLLOW UP FOR MONDAY MOVE,
NIFTY TEST THE LOW OF 8441 AND CLOSES AT 8462,
8444-66 IS TREND LINE SUPPORT AREA,
NIFTY MAY BOUNCE FROM HERE,

BUT ANY CLOSE BELOW 8444 WILL LEAD NIFTY
FOR DEEP CORRECTION,
PIVOT IS AT 8533,
BULLS NEED A CLOSE ABOVE 8577 FOR ANOTHER UP MOVE,

BEARS CAN START THE INNINGS BELOW 8488,
THEN, 8266 IS WEEKLY TARGET FOR BEARS,

AS POSTED HERE,
GURU SHIFTED IN TO THE SIMMAM HOME,
GURU WILL SAIL IN SIMMAM HOME UP TO 21/12/2015,
ON 22/12/2015 GURU WILL SHIFT IN TO KANYA HOME,
IN 5.5 MONTHS GURU WILL PASS OVER SIMMAM HOME,
NORMALLY IT WILL TAKE ONE YEAR,

THIS EXPRESS MOVE WILL BRING FAST GREEN TO EQUITY
MARKETS, NIFTY WILL SET RECORD HIGH BEFORE 21/12/2015,
BANK NIFTY WILL CONTRIBUTE MORE AND MORE,
AVOID SHORTING NIFTY AND BANK NIFTY UP TO 21/12/2015,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8533,
ABOVE 8577 BULLS CAN TARGET 8711 AND 8800,
BELOW 8488 BEARS CAN TARGET 8355 AND 8266,

Buy Ajanta Pharma with a target of Rs 1750: Mitesh Thacker

'Ajanta Pharma is a 'BUY' call with a target of Rs 1750 and a stop loss of Rs 1679.'

Buy Apollo Hospital with a target of Rs 1500: Mitesh Thacker

'Apollo Hospital is a 'BUY' call with a target of Rs 1500 and a stop loss of Rs 1443.'

Buy UPL Ltd with a target of Rs 598: Mitesh Thacker

'UPL Ltd is a 'BUY' call with a target of Rs 598 and a stop loss of Rs 559.'

Stock Tips and Nifty Tips 11/08/2015

NIFTY OUTLOOK FOR 11/08/2015

BULLS ARE NOT ABLE TO SUSTAIN ABOVE 8600,
NIFTY SLIP DOWN FROM 8621, AND
CLOSES AT 8525,
PIVOT IS AT 8533,

BULLS HAVE SOME JOBS IF NIFTY CLOSE ABOVE 8622,
8800 IS WEEKLY TARGET FOR BULLS,

BEARS CAN START THE INNINGS BELOW 8488,
THEN, 8266 IS WEEKLY TARGET FOR BEARS,
8488-8644 RANGE MAY TAKEN OUT BEFORE TUESDAY,

AS POSTED HERE,
GURU SHIFTED IN TO THE SIMMAM HOME,
GURU WILL SAIL IN SIMMAM HOME UP TO 21/12/2015,
ON 22/12/2015 GURU WILL SHIFT IN TO KANYA HOME,
IN 5.5 MONTHS GURU WILL PASS OVER SIMMAM HOME,
NORMALLY IT WILL TAKE ONE YEAR,

THIS EXPRESS MOVE WILL BRING FAST GREEN TO EQUITY
MARKETS, NIFTY WILL SET RECORD HIGH BEFORE 21/12/2015,
BANK NIFTY WILL CONTRIBUTE MORE AND MORE,
AVOID SHORTING NIFTY AND BANK NIFTY UP TO 21/12/2015,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8533,
ABOVE 8577 BULLS CAN TARGET 8711 AND 8800,
BELOW 8488 BEARS CAN TARGET 8355 AND 8266,

Buy Page Industries with a target of Rs 15,280: Prakash Gaba

'Page Industries is a 'BUY' call with a target of Rs 15,280 and a stop loss of Rs 14,610.'

Buy HDFC Bank with a target of Rs 1120: Prakash Gaba

'HDFC Bank is a 'BUY' call with a target of Rs 1120 and a stop loss of Rs 1090.'

Buy Glenmark Pharma with a target of Rs 1050: Prakash Gaba

'Glenmark Pharma is a 'BUY' call with a target of Rs 1050 and a stop loss of Rs 1016.'

Trading strategy for 7th August 2015

The market after flat opening yesterday moved in a choppy fashion amid moderate volatility and finally closed with the Sensex at 28298 up by 75 points while the Nifty ended at 8588 up by 20 points. Stocks of consumer durables followed by health care, capital goods, and auto among others gained while FMCG, metal, energy and oil & gas stocks slipped and closed lower. Market sentiment remained buoyant after Labour Minister’s statement aboutINVESTMENT in equity market by the pension fund. Readers are advised to trade with caution keeping stock specific approach.

NIFTY FUTURE (Last close 8615.00)
The counter after flat opening yesterday moved in a narrow range throughout the session and finally closed gaining 22 points. The counter to gain strength needs to trade and remain above 8638.75 whereby it may move up to 8655/8672. Strong support for the counter exists at 8597.25 which if breached decisively with volumes then it may slide to 8574/8552.

BANK NIFTY FUTURE (Last close 19098.95)
The counter after flat opening yesterday moved range bound till early afternoon when valueBUYING coupled with short covering emerged taking the counter to session high of 19194 which however, remained short lived and slipped onPROFIT taking. The counter finally closed gaining 83 points. The counter to retain its up move needs to trade and remain above 19134.75 whereby it may move up to 19191/19250. Strong support for the counter exists at 19050.25 which if breached decisively with volumes then it may slide to 18983/18926.

ULTRATECO FUTURE (Last close 3230.10)
The stock after consolidating during the past sessions closed yesterday above its weekly resistance with moderate volumes gaining marginally. The stock appears positive on charts and may move up to 3253/3269 on volume trading. Strong support for the stock exists at 3218.25.

MIND TREE FUTURE (Last close 1300.35)
The stock after consolidating during the past sessions closed yesterday above its weeklyBUY signal with moderate volumes gaining over ½%. The stock appears positive on charts and may move up to 1309/1318 on volume trading. Strong support for the stock exists at 1291.25.

Stock Tips and Nifty Tips 07/08/2015

NIFTY OUTLOOK FOR 07/08/2015

8605 IS THE HIGH,
AS POSTED HERE,
BULLS ARE FACING SUPPLY AT 8577-600 LEVEL,
NIFTY CLOSES AT 8588,
PIVOT MOVES UP TO 8511,

NOW TECHNICAL TREND HAVE TO GUIDE NIFTY,
ALL THE CLOSES ABOVE 8511 ARE BULLS AREA,
BULLS CAN MOVE TOWARDS 8688 AND 8777,

BUT MOMENTUM GETTING DOWN,
NIFTY MAY START ANOTHER DOWN MOVE
FROM HERE WITH A TARGET OF 8258,

SO ABOVE 8511 LONGS ADVISED,
BELOW 8466 SHORTS ADVISED FOR TRADERS,

AS POSTED HERE,
GURU SHIFTED IN TO THE SIMMAM HOME,
GURU WILL SAIL IN SIMMAM HOME UP TO 21/12/2015,
ON 22/12/2015 GURU WILL SHIFT IN TO KANYA HOME,
IN 5.5 MONTHS GURU WILL PASS OVER SIMMAM HOME,
NORMALLY IT WILL TAKE ONE YEAR,

THIS EXPRESS MOVE WILL BRING FAST GREEN TO EQUITY
MARKETS, NIFTY WILL SET RECORD HIGH BEFORE 21/12/2015,
BANK NIFTY WILL CONTRIBUTE MORE AND MORE,
AVOID SHORTING NIFTY AND BANK NIFTY UP TO 21/12/2015,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8511,
ABOVE 8555 BULLS CAN TARGET 8644 AND 8733,
BELOW 8466 BEARS CAN TARGET 8288 AND 8200,

Buy LIC Housing Finance with a target of Rs 540: Sandeep Wagle

'LIC Housing Finance Ltd. is a'BUY' call with a target of Rs 540 and a stop loss of Rs 513'

Buy Arvind with a target of Rs 330: Sandeep Wagle

'Arvind Ltd. is a'BUY' call with a target of Rs 330 and a stop loss of Rs 309'

Buy Godrej Industries with a target of Rs 411: Sandeep Wagle

'Godrej Industries Ltd. is a BUY' call with a target of Rs 411 and a stop loss of Rs 393. 

Trading strategy for 3rd August 2015

The MARKET closed the week amid volatility with the Sensex at 28114 up marginally by 2 points after slipping to 2741685 while the Nifty ended at 8532 up by 11 points as gains in defensive shares helped offset most of the losses during the week.MARKET buoyed on last Friday after Cabinet nod for changes in GST Bill and plans to infuse capital in PSU banks. Clarification about the P-Note controversy by the Finance Ministry too aided the market sentiment. The market this week will be keenly watching the development in the current session of Parliament and RBI policy meet on the 4th August’15 coupled with Q1 results of Bharti, Bhel, M&M, Tata Motors, HCL Tech among others. Readers are advised to trade with caution keeping stock specific approach.

NIFTY FUTURE (Last close 8569.65)
The counter closed the week with marginal gain of 35 points amid high volatility and intra week swing of 248 points. The counter this week may remain in the range of 8464-8675, break above it may move up to 8710/8753 or else break below it may slide to 8431/8398. For today’sTRADING the counter to gain strength needs to trade and remain above 8594.75 whereby it may move up to 8617/8638. Strong support for the counter exists at 8544.25 which if breached decisively with volumes then it may slide to 8529/8508.

BANK NIFTY FUTURE (Last close 18835.80)
The counter closed the week gaining 159 points amid high volatility and intra week swing of 727 points. The counter this week may remain in the range of 18611-19061, break above it may move up to 19146/19232 or else break below it may slide to 18543/18459. For today’sTRADING the counter to gain strength needs to trade and remain above 18888.75 whereby it may move up to 18939/18988. Strong support for the counter exists at 18782.25 which if breached decisively with volumes then it may slide to 18729/18664.

AXIS BANK FUTURE (Last close 577.25)
The STOCK after consolidating closed the week with marginal loss but witnessed substantial buying on last Friday surging by 2%. The stock appears positive on daily charts and may move up to 582/586 on volumeTRADING. Strong support for the stock exists at 573.25.

JINDAL STEEL & POWER FUTURE (Last close 79.25)
The stock after consolidating during the past sessions closed the week gaining 4% amid moderate volumes. The stock appears positive on charts and may move up to 82/84 on volume trading. Strong support for the stock exists at 77.00.

Stock Tips and Nifty Tips 3/08/2015

NIFTY OUTLOOK FOR 03/08/2015

BULLS MADE A FOLLOW UP ON FRIDAY,
TOUCH 8548 AND CLOSES AT 8532,
PIVOT MOVES UP TO 8466,

NIFTY MAY START ANOTHER DOWN MOVE
FROM HERE WITH A TARGET OF 8215,
BUT ANY CLOSE ABOVE 8555 WILL LEAD
BULLS TO MAKE ANOTHER UP MOVE TOWARDS 8667,

SO ABOVE 8511 LONGS ADVISED,
BELOW 8422 SHORTS ADVISED FORTRADERS,

AS POSTED HERE,
GURU SHIFTED IN TO THE SIMMAM HOME,
GURU WILL SAIL IN SIMMAM HOME UP TO 21/12/2015,
ON 22/12/2015 GURU WILL SHIFT IN TO KANYA HOME,
IN 5.5 MONTHS GURU WILL PASS OVER SIMMAM HOME,
NORMALLY IT WILL TAKE ONE YEAR,

THIS EXPRESS MOVE WILL BRING FAST GREEN TO EQUITY
MARKETS, NIFTY WILL SET RECORD HIGH BEFORE 21/12/2015,
BANK NIFTY WILL CONTRIBUTE MORE AND MORE,
AVOID SHORTING NIFTY AND BANK NIFTY UP TO 21/12/2015,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8466,
ABOVE 8511 BULLS CAN TARGET 8644 AND 8733,
BELOW 8422 BEARS CAN TARGET 8288 AND 8200,

Buy UCO Bank with a target of Rs 58: Sandeep Wagle

'UCO Bank Ltd. is a 'BUY' call with a target of Rs 58 and a stop loss of Rs 53'

Buy Shriram Transport Finance with a target of Rs 960: Sandeep Wagle

'Shriram Transport Finance Ltd. is a 'BUY' call with a target of Rs 960 and a stop loss of Rs 882'

Buy Mahindra Holiday Resorts with a target of Rs 325: Mitesh Thacker

'Mahindra Holiday Resorts Ltd. is a 'BUY' call with a target of Rs 325 and a stop loss of Rs 290'

Buy Amara Raja Batteries with a target of Rs 1,100: Mitesh Thacker

'Amara Raja Batteries Ltd. is a 'BUY' call with a target of Rs 1,100 and a stop loss of Rs 904'

Buy Kotak Mahindra Bank with a target of Rs 711: Mitesh Thacker

'Kotak Mahindra Bank Ltd. is a 'BUY' call with a target of Rs 711 and a stop loss of Rs 655'