MTECHTIPS:- EQUITY CALLS 25-08-2015

MTECHTIPS:- EQUITY CALLS 25-08-2015

MTECHTIPS:- BSE index: (25741) It’ll fall down further to 25536 initially which is a crucial support to watch out for. In worst scenario break below 25536 fresh selling will drag it down further to 24941. Upward side 25962 a nearest & 26255 & 26383 crucial resistances up to which selling will be seen, keep stop loss of 26542 to your shorts.

MTECHTIPS:- Nifty August Future: (7806) It’ll fall down further to 7755-7737 initially, which is a crucial support. In worst scenario break below 7737 heavy fresh selling will drag it down to 7583 & 7468. Upward side 7882 a nearest & 7978-7995 a crucial resistance up to which selling will be seen, keep stop loss of 8074 to your shorts.

MTECHTIPS:- Bank Nifty August Future: (16760) Sell considering 16909 & 17059 crucial resistances keeping stop loss of 17242. Downward side it’ll fall down further to 16386-16315 & 16176. Upward side crossover above 17242 it’ll surge up to 17362 & 17415 in a disguised manner.

MTECHTIPS:- AXIS Bank: (482) Sell considering 500 a solid resistance keeping stop loss of 512. Downward side it’ll fall down to 448.

MTECHTIPS:-HDFC Bank: (1020) Sell considering 1034 a solid resistance keeping stop loss of 1045. Downward side it’ll heavily fall down to 1007 & 970.

MTECHTIPS:-ICICI Bank: (270) Sell considering 280 a solid resistance keeping stop loss of 285. Downward side it’ll fall down to 256.

MTECHTIPS:-M&M FIN: (251) Sell considering 257 a solid resistance keeping stop loss of 260. Downward side it’ll fall down to 246 & 239.

MTECHTIPS:-SBI: (246) Sell considering 253 a solid resistance keeping stop loss of 258. Downward side it’ll fall down to 232 & 218.

MTECHTIPS:-OBC: (136) Sell considering 147 a solid resistance keeping stop loss of 153.50. Downward side it’ll fall down to 121.

MTECHTIPS:-IDFC: (131) Sell considering 135 a solid resistance keeping stop loss of 136. Downward side it’ll fall down to 128, 123 & 117.

MTECHTIPS:-HERO MOTO: (2479) Sell considering 2498 a solid resistance keeping stop loss of 2540. Downward side it’ll fall down to 2424-2405 & thereafter to 2308.

MTECHTIPS:-APOLLO TYRES: (170) Sell considering 180 a crucial resistance keeping stop loss of 186. Downward side it’ll fall down to 155.

MTECHTIPS:-CROMPTON GREAVES: (160) Sell considering 171 a solid resistance keeping stop loss of 174. Downward side it’ll fall down to 146.
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