Sunday, 17 January 2016

MTECHTIPS EQUITY CALLS

MTECHTIPS EQUITY CALLS
BSE index MTECHTIPS (24455) Consider for this week...A close below 24387 heavy fresh selling will drag it down further to 24136-24083, 24009-23928 & 23842. Up 24640-24746 a nearest & 24831 a solid resistance, sell on higher levels SL 24913. 
Nifty January Future MTECHTIPS (7446) Consider for this week...7455 & 7475 nearest & 7522-7536 a solid resistance up to which selling will be seen, keep stop loss of 7561 to your shorts. Down break below 7428 it'll heavily fall down further to 7354-7337 & thereafter to 7315, 7291 & 7265. 

Bank Nifty January Future MTECHTIPS
 (15205) Consider for this week...15363 a nearest & 15455-15500 a solid resistance up to which selling will continue, keep stop loss of 15639 to your shorts. Down it'll fall down to 15081 & 14936 initially. In worst scenario a close below 14936 heavy fresh selling will drag it down further to 14615 & 14383. 

TATA MOTORS MTECHTIPS (342) Sell 346-349 a solid resistance SL 354. Down it'll fall down to 332, 324 & 310.

ASHOK LEYLAND MTECHTIPS
 (85) Sell 88 a solid resistance SL 90. Down it'll fall down to 81.50, 79 & 74.

EICHER MOT MTECHTIPS
 (16298) Sell 16651 & 16828 solid resistances SL 17161. Down it'll fall down to 15833 & 15327.

BHARAT FORGE MTECHTIPS
 (794) Sell 797 a nearest & 813 a solid resistance SL 826. Down it'll fall down to 757.

CEAT MTECHTIPS
 (962) Sell 979 & 990 solid resistances SL 1010. Down it'll fall down to 927 & 912.

JET AIR MTECHTIPS
 (708) Sell on higher levels 745 a solid resistance SL 768. Down it'll fall down to 691 & 657.

INDUSIND Bank MTECHTIPS
 (921) Break below 912 it'll heavily fall down to 893, 881 & 862. Up 932 & 944 crucial resistances. 

AXIS Bank MTECHTIPS
 (374) Sell on higher levels 387-391 a solid resistance SL 396. Down it'll fall down to 363 & thereafter to 323.

LIC HSG FIN MTECHTIPS
 (467) Sell 477 & 482 solid resistances SL 491. Down it'll fall down to 454 & 440.

DHFL MTECHTIPS
 (202) Sell 208 a crucial resistance SL 212. Down it'll fall down to 197 & 187.

SHRIRAM TRANSPORT MTECHTIPS
 (764) Sell 788 & 798 solid resistances SL 815. Down it'll fall down to 736 & closing below which 688.

SKS MICRO MTECHTIPS
 (498) Sell  508 a solid resistance SL 522. Down it'll fall down to 465.

SBI MTECHTIPS
 (185) Sell  194 a solid resistance SL 198. Down it'll fall down to 172-169.

WOCKHARDT MTECHTIPS
 (1289) Sell on higher levels  1417 a solid resistance SL 1439. Down it'll fall down to 1231 & closing below which 1071.

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