mtechtips equity calls bse index: (19660) 19605-19576 a most crucial support to watch out for. break...

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  • 7/29/2019 MTECHTIPS EQUITY CALLS BSE index: (19660) 19605-19576 a most crucial support to watch out for. Break below

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    MTECHTIPS EQUITY CALLS

    BSE index: (19660) 19605-19576 a most crucial support to watch out for. Break

    below 19576 heavy fresh selling will drag it down to 19432.Upward side 19718-19729 nearest hurdle. Crossover above 19729 it'll surge up correctively to 19818 &

    19860-19891.

    Nifty FEB Futures: (5975) 5964 a crucial support to watch out for break below

    which it'll fall down further to 5943, 4935 & 5921-5917. Upward side 5993 a crucial

    hurdle crossover above which it'll surge up correctively to 6011, 6022 & 6042, go

    short on higher levels keeping stop loss of 6078.

    Bank Nifty FEB Futures: (12520) 12568 a crucial hurdle, keep stop loss of

    12587 to your shorts. Downward side it'll fall down to 12423-12407 & thereafter to

    12371, 12312 & 12235.Upward side crossover above 12587 it'll surge up correctively

    to 12650 & thereafter to 12729, sell on higher levels keeping stop loss of 12776.

    JSW STEEL: (844) Sell current futures considering 860 a solid resistance keeping

    stop loss of 870.All set to fall down to 818 & 800 in hours only.

    JUB FOOD: (1041) 1028 a most crucial support if it remains intact then expectcorrective up surges to 1098, 1115 & 1131. Downward side break below 1028 it'll fall

    down further heavily to 950.

    BOB: (783.50) Sell on higher levels considering 792.50 a solid resistance keepingstop loss of 800. Downward side it'll fall down to 772 initially. Break below 772 panic

    selling will drag it down to 759-753.

    PFC: (212) Buy considering 210 & 207 solid supports keeping stop loss of 204.Upward side it'll surge up to 217.50 & thereafter to 222 & 225.

    BHEL: (212) Sell considering 215 a crucial resistance keeping stop loss of 218.50.Downward side it'll fall down to 208.75, 204 & 197.

  • 7/29/2019 MTECHTIPS EQUITY CALLS BSE index: (19660) 19605-19576 a most crucial support to watch out for. Break below

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    FIN TECH: (1088) Sell considering 1101 & 1109 solid resistances keeping stoploss of 1124. Downward side it'll fall down to 1052 & 1036.

    TECH MAH: (969) Sell considering 977 a crucial resistance keeping stop loss of985. Downward side it'll fall down to 948 initially. Break below 948 heavy panic will

    drag it down to 943 & 933.Upward side crossover above 985 it'll surge up to 997.

    APOLLO TYRES: (85.50) Sell considering 86 a crucial resistance keeping stoploss of 86.75. Downward side it'll fall down to 83.50 & thereafter to 82.50, 80.75 &

    79.25. Upward side crossover above 86.75 it'll surge up to 88.25 & thereafter to 89.50

    & 94.75.

    CIPLA: (408) Sell considering 412 & 417.50 crucial hurdles keeping stop loss of420. Downward side 403 & 398 crucial supports to watch out for. Break below 398

    it'll fall down heavily to 392 & 388.Upward side crossover above 420 it'll turn

    positive & surge up to 426-428 & thereafter to 440.

    M&M: (885) Break below 876 it'll heavily fall down to 865, 859 & 849. Upwardside 893 & 900 solid resistances.