MTECHTIPS EQUITY CALLS

MTECHTIPS EQUITY CALLS

BSE index: (19760)  for this week...19678 a crucial support to watch out for break below which it'll fall down further to 19323-19294 where buying support will be seen. In worst scenario a close below 19294 it'll crash down to 19102.UP 19912 a nearest & 20090 a crucial resis up to which selling will be seen on higher levels, SL 20255 to your shorts. 

Nifty May Future: (6000)  for this week...6034 & 6052 nearest & 6087 a solid resis up to which selling will be seen, SL 6144 to your shorts. Down it'll fall down further to 5969 & 5917 initially which is a crucial support to watch out for. A close below 5917 it'll fall down further to 5875 & 5859 where buying support will be seen. In worst scenario a close below 5859 it'll crash down to 5814.UP a close above 6144 it'll turn positive & spurt up to 6229 & 6290. 

Bank Nifty MAY Future: (12484)  for this week...Sell  12639 a nearest & 12720-12775 a solid resis SL 12840. Down it'll fall down to 12429-12405, 12259 & 12126 initially where buying support will be seen. In worst scenario a close below 12126 it'll crash down to 11991.UP a close above 12840 it'll turn positive & surge up to 13070. 

MARUTI: (1606) Sell  1625 & 1635 crucial resiss SL 1652. Down it'll fall down to 1565, 1544 & 1516-1511, cover shorts on lower levels.

APOLLO TYRES: (89) Sell  91 a crucial resis SL 92.50. Down it'll fall down to 83 & 80. UP crossover above 92.50 it'll surge up to 96.50.

PNB: (759) Sell  768 & 779 solid resiss SL 798. Down it'll fall down to 739 & closing below which 714 & 682.

BANK OF INDIA: (288) Sell  293-294.50 a solid resis SL 298.50. Down it'll fall down to 274-272.

CAN Bank: (411) Sell  416 & 420 nearest & 426 a solid resis SL 434. Down it'll fall down to 389 & 372. 

UNION Bank: (220) Sell  223 & 228 solid resiss SL 233. Down it'll fall down to 215, 210 & 203.
OBC: (244) Sell  250 & 254 solid resiss SL 259. Down it'll fall down to 228 initially. In worst scenario a close below 228 it'll crash down to 209.

ICICI Bank: (1154) Sell  1172 a crucial resis SL 1186. Down it'll fall down to 1130 & 1109 initially where buying support will be seen, SL 1089 to your buys. In worst scenario a close below 1089 it'll crash down to 1045.
HDFC: (891) Sell  902 & 917 solid resiss SL 923. Down break below 885 it'll fall down further to 874 & 857. 

LIC HSG FIN: (256) Sell on higher levels  263 & 267 solid resiss SL 272. Down break below 252 it'll fall down to 245 & 235.

HAVELLS: (739) A close above 746 it'll spurt up heavily to 778 & 797. Down 723 & 719 are solid supports, buy on lower levels SL 700.