Wednesday, 31 October 2012

MTECHTIPS

MTECHTIPS EQUITY CALLS
BSE index: (18505) Sell on higher levels  18558-18573 & 18616 solid resis SL 18718. Down side 18460 & 18393 minor supports. Break below 18393 it'll heavily fall down to 18322-18313 & thereafter to 18275 & 18200. 
Nifty NOV Futures: (5643) Sell on higher levels  5658 & 5673 nearest & 5690 a solid resisSL 5725. Down side 5632 & 5613 crucial supports. Break below 5613 it'll heavily fall down to 5589, 5574 & 5550. 

Bank Nifty NOV Futures:
 (11330) Sell on higher levels  11415 a nearest & 11502 solid resis SL 11542. Down side 11283 & 11202 crucial supports to watch out for. Break below 11202 it'll heavily fall down to 11101, 11038 & thereafter to 10938. 
BOB: (723) Sell on higher levels SL 733. Down side 718 & 710-706 crucial supports to watch out for. Break below 706 it'll fall down heavily to 694 & 684. UP side crossover above 733 it'll surge up to 738 & 749 in a disguised manner.

AXIS Bank:
 (1185) Sell on higher levels  1198 & 1213 crucial resis SL 1217. Down side 1176 & 1166 crucial supports to watch out for. Break below 1166 it'll fall down to 1153 & 1144.

SBI:
 (2110) Sell on higher levels  2129 & 2155-2161 solid resis SL 2200. Down side 2086 & 2058 crucial supports. Break below 2058 it'll fall down to 2022 & thereafter to 2001 & 1967.

PNB:
 (739) Sell  744 & 753 solid resis SL 757. Down side 729 & 716 crucial supports. Break below 716 it'll fall down to 700-695. 

CAN Bank:
 (402) Buy  397 a crucial support SL 390. UP side it'll surge up to 413 & 419, book profit on higher levels. Down side break below 390 it'll turn weak & fall down to 383 & 378.

SYNDICATE Bank:
 (117.60) Sell  119 a solid resisSL 121. Down side 115 & 112 crucial supports. Break below 112 it'll crash down to 108 & 106.

HDFC Bank:
 (635) Sell  640 a solid resisSL 645. Down side break below 630 it'll fall down to 621.

ICICI Bank:
 (1050) Sell on higher levels  1063 & 1070 solid resis SL 1086. Down side it'll fall down to 1025 & 1018.

DIVIS LAB:
 (1200) Buy  1180 a solid support SL 1160. UP side it'll spurt up to 1226-1233 & thereafter to 1267.
COLGATE: (1284) Buy on declines  1259 a solid support SL 1240. UP side crossover above 1302 it'll spurt up to 1320, 1331 & 1349.

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