MTECHTIPS:-02 MAY 2017 EQUITY CALLS

02 MAY 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (29918) Consider for this week…Buy considering 29780-29710 a solid support keeping stop loss of 29485. Upward side it’ll rush up to 30080 & 30175 initially. A close above 30175 it’ll sustain on higher levels & flare up to 30276-30329, 30404-30468 & 30612.

MTECHTIPS:- Nifty May Future: (9334) Consider for this week…Buy considering 9304 & 9280 nearest & 9230 a solid support keeping stop loss of 9170. Upward side it’ll rush up to 9373 initially. A close above 9373 it’ll sustain on higher levels & flare up to 9403, 9448-9460 & 9500.

MTECHTIPS:- Bank Nifty May Future: (22366) Consider for this week…Buy considering 22126-22106 a nearest & 21974 a solid support keeping stop loss of 21740. Upward side it’ll spurt up to 22566, 22699 & closing above which 22933.

MTECHTIPS:- MOTHERSON SUMI: (401) Buy.

CEAT & BEML: Buying on lower levels will be seen.

FED Bank: (107.45) 104-102 & 95 solid supports, buy.

ENG INDIA: (166) Buy.

KTK Bank: (164) Buy.

IBUL HSG: (1017) Buy.

L&T FIN: (127.25) A close above 131 it’ll spurt up heavily.

UNION Bank: (171) Buy considering 167-165 a solid support keeping stop loss of 161. Upward side it’ll spurt up to 183 & 194.

PNB: (169) Buy.

BOB: (187.50) Buy.

CAN Bank: (354) Buy on declines.

L&T: (1748) Buy.

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