MTECHTIPS EQUITY CALLS 24-08-2015

MTECHTIPS EQUITY CALLS 24-08-2015
MTECHTIPS:-BSE index: (27366) Consider for this week…Sell 27443 a nearest & 27536 & 27702-27790 solid resistances SL27872. Downward side it’ll fall down further to 27100 & thereafter to 26899, 26698 & 26541.

MTECHTIPS:-Nifty August Future: (8306) Consider for this week…Sell 8331-8363 a nearest & 8426 a solid resistance SL8454. Downward side it’ll fall down further to 8213 & break below which 8174, 8123, 8090-8062 & 7995.

MTECHTIPS:-Bank Nifty August Future: (18072) Consider for this week…Sell 18210 a nearest & 18517 a solid resistance SL18743. Downward side break below 17991 it’ll fall down further to 17766 & 17580 initially. In worst scenario a close below 17580 it’ll crash down to 17414 & 17244.
MTECHTIPS:-HERO MOTO: (2560) Sell 2610 a solid resistance SL2653. Downward side it’ll fall down to 2496 & 2425.

MTECHTIPS:-BAJAJ AUTO: (2408) Sell 2437 a nearest & 2470-2480 a solid resistance SL2512. Downward side it’ll heavily fall down to 2333 & 2284-2270.

MTECHTIPS:-AMARRAJA BAT: (1076) Buy 1053 a crucial support SL1021. Upward side it’ll spurt up to 1120 & closing above which 1184.

MTECHTIPS:-CEAT: (1169) Buy 1135 & 1124 crucial supports SL1110. Upward side it’ll rush up to 1188-1195 & 1205 initially. A close above 1205 it’ll sustain on higher levels & flare up to 1245, 1313 & 1362.

MTECHTIPS:-AXIS Bank: (526) Sell 539 & 550 solid resistances SL553. Downward side it’ll fall down to 511 & 487.

MTECHTIPS:-YES Bank: (692) Sell 705 a crucial resistance SL710. Downward side it’ll fall down to 671 & closing below which 618. Upward side crossover above 710 it’ll surge up to 729, 740 & 758 in a disguised manner, sell SL776.

MTECHTIPS:-HIND UNILEVER: (882) Sell 888 & 901 solid resistances SL901. Downward side 874 & 861 crucial supports. A close below 861 it’ll crash down to 837 & 822.

MTECHTIPS:-PETRONET: (179) Sell 183 a solid resistance SL187. Downward side it’ll fall down to 171 & 164.

MTECHTIPS:-UPL: (536) Sell 542 & 554 solid resistances SL565. Downward side it’ll fall down to 519 & 498.

MTECHTIPS:-BPCL: (890) Sell 903 a solid resistance SL919. Downward side a close below 870 it’ll fall down to 840 & 821.

MTECHTIPS:-STAR: (1348) Sell 1360 a crucial resistance SL1373. Downward side 1314 & 1277 crucial supports. A close below 1277 it’ll crash down to 1218 & 1182. Upward side a close above 1373 it’ll spurt up to 1397 & 1425.

MTECHTIPS:-WOCKHARDT: (1654) Sell 1680 & 1707 solid resistances SL1744. Downward side break below 1620 it’ll fall down to 1568 & 1526.

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