Sunday, 2 September 2012

MTECHTIPS


MTECHTIPS EQUITY CALLS
BSE index: (17429) Consider for this week...17305 a most crucial support, up surges will be seen till it remains intact, keep stop loss of 17254 to your buys. Upward side 17522 & 17558 crucial resistances, keep stop loss of 17606 to your shorts. Crossover above 17606 it'll surge up to 17724 & 17826, keep stop loss of 17973 & go short on higher levels.Downward side a close below 17254 it'll heavily fall down to 17172, 17070 & 16976-16904. 
Nifty SEP Futures: (5292) Consider for this week...5269 & 5258-5248 crucial supports, up surges will be seen till these supports remain intact, keep stop loss of 5227 to your buys. Upward side 5310 & 5328 crucial resistances. Crossover above 5328 it'll surge up to 5371 & 5399-5440, keep stop-loss of 5463 & go short on higher levels.Downward side a close below 5227 it'll heavily crash down to 5173 & 5156. 

Bank Nifty SEP Futures:
 (10071) Consider for this week...10137 & 10188 nearest resistances crossover above which it'll surge up to 10229-10243 & thereafter to 10341, sell on higher levels SL10371. Downward side 9992 & 9963 crucial supports, keep stop loss of 9963 to your buys. Break below 9963 it'll heavily fall down to 9856-9792 initially which is a most crucial support. A close below 9792 it'll crash down to 9600. 
REL CAP: (322) Sell  327 a solid resistance SL335. Downward side break below 315 it'll heavily crash down to 303, 296 & 284. Upward side crossover above 335 it'll surge up to 346 & thereafter to 358 in a disguised manner.

REL INFRA:
 (450) Sell on higher levels  463-467 a solid resistance SL473. Downward side break below 442 it'll heavily fall down to 433, 427 & 417.

ABB:
 (715) Sell  727 & 733 solid resistances SL745. Downward side it'll fall down to 701 & 666.

JAIN IRRIGATION:
 (64.50) 62.50 a most crucial support, up surges will be seen till it remains intact. Upward side expect 72.75; sell on higher levels SL77.50. Downward side a close below 62.50 it'll heavily crash down to 53.50 & 48.

LUPIN:
 (593) Buy SL580. Upward side crossover above 602 it'll spurt up to 614, 621 & 632.

JSWSL:
 (695) Sell SL707. Downward side a close below 677 it'll heavily crash down to 655 & 623. Upward side crossover above 707 it'll surge up to 725 in a disguised manner, sell on higher levels SL746.

SESAGOA:
 (171) Sell  177 & 180 nearest & 185 a solid resistance SL193. Downward side it'll fall down heavily to 158, 146 & 127.

TCS:
 (1347) Buy  1336 a solid support SL1323. Upward side it'll spurt up to 1404.

AXIS Bank:
 (1000) Sell SL1000. Downward side it'll fall down to 983 & 964. 

LIC HSG FIN:
 (240) Sell  242 & 245 solid resistances keeping top loss of 250. Downward side it'll fall down to 228 & 222.

MARUTI:
 (1139) Sell  1148-1155 a solid resistance SL1163. Downward side it'll fall down to 1113 & thereafter to 1087.

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