MTECHTIPS:- 07 AUG 2017 EQUITY CALLS

07 AUG 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (32325) Consider for this week…32396 & 32505 crucial resistances to watch out for. A close above 32505 heavy fresh buying will take it up to 32700 & thereafter to 32863 & 33080. Downward side 32230 & 32105 crucial supports, keep stop loss of 32105 to your overall longs. A close below 32105 heavy profit booking will drag it down to 31750 & 31530.

MTECHTIPS:- Nifty August Future: (10108) Consider for this week…10128 & 10152 crucial hurdles to watch out for. A close above 10152 heavy fresh buying will take it up further. Downward side 10070 & 10018 crucial supports, keep stop loss of 10018 to your overall longs. A close below 10018 heavy profit booking will underway.

MTECHTIPS:- Bank Nifty August Future: (24951) Consider for this week….25084 & 25178 crucial resistances to watch out for. A close above 25178 heavy fresh buying will take it up further. Downward side 24847 & 24699 crucial supports, keep stop loss of 24699 to your buys. A close below 24699 heavy profit booking will underway.

MTECHTIPS:- HERO MOTO: (3959) Buy considering 3890-3880 a solid support keeping stop loss of 3800. Upward side it’ll spurt up to 3990 & thereafter to 4069, 4238 & 4332.

TATA STEEL: (575.50) Buy considering 569 & 565 solid supports keeping stop loss of 561. Upward side it’ll spurt up to 592, 602 & 618.

REL CAP: (744) Buy. It’ll rush up to 752 initially. A close above 752 huge further up move will be seen.

ASHOK LEY: (109) Crossover above 110.50 it’ll spurt up heavily.

JET AIR: (609) Buy.

JSW STEEL: (228.35) Buy.

HIND PETRO: (431) Buy.

BPCL: (517) Buy.

IGL: (1182) Buy.

BALRAMPUR CHINI: (174) Buy.

M&M FIN: (423) Buy.

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