MTECHTIPS:- 11 AUG 2017 EQUITY CALLS

11 AUG 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (31531) 31652 & 31756 crucial resistances up to which profit booking will be seen, keep stop loss of 31800 to your shorts. Downward side now break below 31422 it’ll fall down further to 31172-31137. Upward side crossover above 31800 it’ll surge up to 31915-31965.

MTECHTIPS:- Nifty August Future: (9855) 9884 & 9920 crucial resistances up to which profit booking will be seen, keep stop loss of 9931 to your shorts. Downward side 9793 a most crucial support break below which huge panic will drag it down further to 9691. Upward side crossover above 9931 it’ll surge up to 9958 & thereafter to 9992.

MTECHTIPS:- Bank Nifty August Future: (24306) 24442-24492 a crucial resistance up to which profit booking will be seen, keep stop loss of 24559 to your shorts. Downward side 24137 a most crucial support break below which it’ll fall down further to 23791. Upward side crossover above 24559 it’ll surge up to 24700 & 24782-24835.

MTECHTIPS:- IB REAL: (229) 241 & 245 crucial resistances up to which profit booking will be seen, keep stop loss of 254 to your shorts. Downward side it’ll fall down to 207.

AUROBINDO: (683) Break below 665 it’ll fall down to 649 & 635 initially. Break below 635 huge panic will drag it down further to 587. Upward side 704 & 711 crucial resistances, keep stop loss of 722 to your shorts.

REL CAP: (765) 775 & 791-796 crucial resistances up to which profit booking will be seen, keep stop loss of 812 to your shorts. Downward side it’ll fall down to 732 & thereafter to 706.

CEAT: (1695) 1670 & 1659 crucial supports. Break below 1659 it’ll heavily fall down to 1615 & 1589. Upward side 1729 & 1770 crucial resistances up to which profit booking will be seen, keep stop loss of 1800 to your shorts.

TATA MOTORS: (381) 389 & 395 crucial resistances up to which profit booking will be seen, keep stop loss of 404 to your shorts. Downward side it’ll fall down to 365 & thereafter to 328.

EICHER MOT: (30193) 30500 & 31500 crucial resistances up to which profit booking will be seen, keep stop loss of 31500 to your shorts. Downward side it’ll fall down to 29276.

SBI: (296.50) Break below 292 it’ll heavily fall down to 287 & 280. Upward side 299 & 305 crucial resistances.