MTECHTIPS:- 18 AUG 2017 EQUITY CALLS

18 AUG 2017

EQUITY CALLS

MTECHTIPS:- BSE index: (31795) Keep stop loss of 31645 to your buys. Upward side expect up surges to 31997 & thereafter to 32076-32161. Downward side break below 31645 it’ll turn weak & fall down to 31576 & 31532-31490.

MTECHTIPS:- Nifty August Future: (9909) 9946 a most crucial hurdle crossover above which it’ll surge up to 9991-10012, profit booking will be seen on higher levels. Downward side 9881 a nearest support break below which it’ll fall down to 9859 & 9823 on intraday basis.

MTECHTIPS:- Bank Nifty August Future: (24262) 24402 & 24520 crucial resistances. Crossover above 24520 only it’ll turn positive & surge up to 24750. Downward side 24050 a most crucial support break below which it’ll heavily fall down to 23911 & 23768.

MTECHTIPS:- BEML: (1860) 1898 a most crucial hurdle where profit booking not ruled out. Downward side it’ll fall down to 1824, 1802 & thereafter to 1760. Upward side crossover above 1898 heavy fresh buying will take it up further to 1975.

BHARAT FORGE: (1188) Crossover above 1207 heavy fresh buying will be seen.

INDIGO: (1311) Crossover above 1347 heavy fresh buying will be seen.

HERO MOTO: (3997) 3974 & 3939 solid supports, buying on lower levels will be seen.

IBUL HSG: (1199) Crossover above 1218 heavy fresh buying will be seen.

HEXAWARE: (277.50) Buy on declines.

AUROBINDO: (704) Profit booking on higher levels will be seen.

TATA STEEL: (626) Crossover above 636 it’ll spurt up heavily.

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