MTECHTIPS:- 27 FEB 2017 EQUITY CALLS

27 FEB 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (28893) Consider for this week…29077-29112 a crucial hurdle. A close above 29112 heavy fresh buying will take it up further to 29351 & 29733. Downward side 28738 & 28583 crucial supports. Break below 28583 it’ll fall down to 28470 initially. A close below 28470 heavy profit booking will drag it down to 28366-28294.

Nifty March Future: (8956) Consider for this week…9019 & 9044 crucial hurdles. A close above 9044 heavy fresh buying will take it up further to 9124 & 9210. Downward side 8925 & 8890 crucial supports. Break below 8890 it’ll fall down to 8835 & 8792 initially. A close below 8792 decisive correction will start.

Bank Nifty March Future: (20879) Consider for this week…21049 a crucial hurdle closing above which it’ll spurt up further to 21233-21275 & 21530. Downward side 20750 & 20673 nearest supports. Break below 20673 it’ll fall down to 20615-20581 & thereafter to 20478. A close below 20478 decisive correction will start.

RELIANCE: (1182) Buy on declines. Upward side 1209 a nearest & 1222-1236 a crucial hurdle. A close above 1236 heavy fresh buying will be seen.

REL CAP: (519) Buying on lower levels will be seen.

WOCKHARDT: (705) A close above 728 it’ll spurt up heavily.

TVS MOTORS: (433) Buy keeping stop loss of 422.

CEAT: (1157) Buy on declines.

JET AIR: (422) Buy on lower levels.

KOTAK Bank: (809) Buy.

LIC HSG FIN: (566) Buy.

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