MTECHTIPS:-14 MARCH 2017 EQUITY CALLS

14 MARCH 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (28946) Consider for this week…A close above 29146 decisive further up move will take it up to 29364, 29528 & 29750. Downward side 28815 & 28716 crucial supports, keep stop loss of 28597 to your buys. A close below 28597 heavy profit booking will drag it down to 28450 & 28286.

MTECHTIPS:- Nifty March Future: (8959) Consider for this week…8872 a crucial support, keep stop loss of 8858 to your buys. Upward side 9031 a most crucial hurdle closing above which heavy fresh buying will take it up to 9093-9108, 9149 & 9239. Downward side a close below 8858 heavy profit booking will drag it down to 8782, 8727 & 8637.

MTECHTIPS:- Bank Nifty March Future: (20798) Consider for this week…20958 a nearest hurdle crossover above which it’ll rush up to 21147 initially. A close above 21147 it’ll sustain on higher levels & flare up to 21286 & 21488. Downward side 20649 & 20588 crucial supports, keep stop loss of 20494 to your buys. A close below 20494 heavy profit booking will drag it down to 20167 & 19965.

MTECHTIPS:- YES Bank: (1480) Expect it to surge up to 1501 & thereafter to 1522 & 1555-1565.

AXIS Bank: (515) Crossover above 522 expect 539 & 551.

SBI: (272) Crossover above 277 expect 288 & thereafter to 295 & 306.

MM FIN, VED L & BPCL: Profit booking on higher levels will be seen.

SUN PHARMA: (684) Crossover above 691 it’ll surge up to 710 & 721.

MARUTI: (5952) Expect it to surge up to 6021 & 6096-6125.

AUROBINDO & GLENMARK: Selling on higher levels will be seen.
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