MTECHTIPS:-01 AUG 2017 EQUITY CALLS

01 AUG 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (32515) 32553 a nearest hurdle crossover above which it’ll surge up to 32658-32684 where profit booking will be seen. In any better scenario crossover above 32684 it’ll sustain on higher levels & flare up to 32769 & 32906. Downward side 32493 & 32294 crucial supports. Break below 32294 heavy profit booking will drag it down to 32187 & 32102.

MTECHTIPS:- Nifty August Future: (10100) 10118 a nearest hurdle crossover above which it’ll surge up to 10156 & 10182. Downward side 10077 & 10050 crucial supports, keep stop loss of 10038 to your buys. Break below 10038 heavy profit booking will underway.

MTECHTIPS:- Bank Nifty August Future: (25130) Crossover above 25151 it’ll surge up to 25260 & 25405-25445, profit booking on higher levels not ruled out. Downward side 25024 & 24897 crucial supports. Break below 24897 heavy profit booking will underway.

MTECHTIPS:- SIEMENS: (1452) Buy considering 1446 & 1423 solid supports keeping stop loss of 1409. Upward side it’ll spurt up to 1531 & 1604.

INDIGO: (1291) Buy on declines considering 1268 a solid support keeping stop loss of 1258. Upward side crossover above 1318 it’ll spurt up to 1351 & 1372.

L&T FIN: (175) Buy on declines considering 171.50-169.50 a solid support keeping stop loss of 167. Upward side it’ll spurt up to 181.50 & thereafter to 190.

SHRIRAM TRANSPORT: (1018) Buy on declines considering 997 a solid support keeping stop loss of 990. Upward side it’ll spurt up to 1044 & 1073.

SBI: (312.50) Buy on declines considering 306 a solid support keeping stop loss of 298. Upward side it’ll spurt up to 320 & 328.

BAJAJ FIN: (1702) Buy on declines considering 1690 a solid support keeping stop loss of 1666. Upward side crossover above 1725 it’ll spurt up to 1772.

CESC: (943) Buy keeping stop loss of 936. Upward side it’ll spurt up to 955, 959 & 978.

PTC: (120.50) Buy on declines considering 118.50 a solid support keeping stop loss of 117. Upward side it’ll spurt up to 124 & 127.

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