MTECHTIPS:-03 MAY 2017 EQUITY CALLS

03 MAY 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (29921) Buy considering 29804 & 29766 solid supports keeping stop loss of 29700. Upward side 29986 & 30070 minor hurdles. Crossover above 30070 heavy fresh buying will take it up to 30234 & 30304-30335.

MTECHTIPS:- Nifty May Future: (9339) Crossover above 9373 heavy fresh buying will take it up to 9403, 9429 & 9448-9463. Downward side 9280 & 9231 solid supports, buy on declines keeping stop loss of 9170.

MTECHTIPS:- Bank Nifty May Future: (22395) 22425 & 22486 minor hurdles. Crossover above 22486 it’ll spurt up to 22566 & thereafter to 22605 & 22700. Downward side 22290 a crucial support break below which it’ll fall down to 22172 & 22100 on intraday basis.

MTECHTIPS:- BHARAT FORGE: (1160) Buy. It’ll spurt up to 1180 & 1223.

MOTHERSON SUMI: (401) Buy. It’ll spurt up to 412 & 424.

REC: (212) Buy considering 209 & 206.50 solid supports keeping stop loss of 203. Upward side it’ll spurt up to 224 & 233.

LIC HSG FIN: (705) Buy on declines. It’ll spurt up to 717 & thereafter to 732.

L&T FIN: (134) Buy considering 131 a solid support keeping stop loss of 127. Upward side it’ll spurt up to 141, 144 & thereafter to 160.

APOLLO TYRES: (250.65) Buy. It’ll spurt up to 256, 261 & thereafter to 280.

JET AIR: (529) Buy. It’ll spurt up to 542 & 558.

IBUL HSG: (1072) It’ll spurt up further to 1108.

BOB: (189) Crossover above 192 heavy fresh buying will be seen.
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