MTECHTIPS:- 31 JULY 2017 EQUITY CALLS

31 JULY 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (32310) Consider for this week…32382 a nearest resistance crossover above which it’ll surge up to 32494-32553 & thereafter to 32658, profit booking will be seen on higher levels. Downward side a close below 32104 it’ll fall down correctively to 31972 & thereafter to 31753 & 31537.

MTECHTIPS:- Nifty August Future: (10042) Consider for this week…10078 a nearest resistance crossover above which it’ll surge up to 10093 & 10117, profit booking will be seen on higher levels, keep stop loss of 10156 to your fresh shorts. Downward side 10021 & 9990 crucial supports. Break below 9990 decisive profit booking will underway.

MTECHTIPS:- Bank Nifty August Future: (24934) Consider for this week…24966 a nearest & 25037-25088 a crucial hurdle where profit booking will be seen, keep stop loss of 25088 to your shorts. Downward side24800-24740 a crucial support. A close below 24740 decisive profit booking will underway. Upward side a close above 25088 it’ll sustain on higher levels & flare up further.

MTECHTIPS:- SIEMENS: (1446) Buy considering 1423 & 1410 solid supports keeping stop loss of 1385. Upward side it’ll spurt up to 1531 & 1604.

JSW ENERGY: (72.05) Buy considering 70-69 a solid support keeping stop loss of 67. Upward side it’ll spurt up to 77 & 81.50.

KAVERI SEED: (683) Buy.

REL CAP: (717) It’ll surge up further to 725 & thereafter to 752.

ESCORTS: (669) Buying on lower levels will be seen.

ASHOK LEY: (109) Buy.

TVS MOTORS: (1446) Crossover above 585 heavy fresh buying will be seen.

APOLLO TYRES: (263) Buy.

HDFC Bank: (1779) Crossover above 1787 it’ll spurt up to 1808 & 1816 initially. A close above 1816 it’ll sustain on higher levels & flare up further.

YES Bank: (1844) Crossover above 1860 it’ll rush up to 1887 initially. A close above 1887 it’ll sustain on higher levels & flare up to 1980.

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