Wednesday, 20 January 2016

MTECHTIPS EQUITY CALLS

MTECHTIPS EQUITY CALLS
BSE index MTECHTIPS (24062) 24118-24173 a nearest & 24248 a crucial resis up to which selling will continue. Down 23825 a crucial support break below which it'll fall down further to 23735 & 23566. Up crossover above 24248 it'll surge up to 24336 & thereafter to 24492 in a disguised manner. 
Nifty January Future MTECHTIPS (7307) 7321 & 7360 nearest resiss up to which selling will continue. Down it'll fall down further to 7201-7191 & 7148. Up crossover above 7360 it'll surge up to 7399 & 7415-7426 in a disguised manner, keep stop loss of 7475 toy our overall shorts. 

Bank Nifty January Future MTECHTIPS
 (14909) 14957 a nearest & 15084-15167 a crucial resis up to which selling will continue, keep stop loss of 15216 to your shorts. Down it'll fall down to 14698-14632 & thereafter to 14496 & 14383. 

MARUTI MTECHTIPS (4059) Sell on higher levels  4122 & 4164 crucial resiss SL 4172. Down it'll fall down to 4027 & 3990 initially. Break below 3990 heavy fresh selling will drag it down to 3882 & 3791.

INDUSIND Bank MTECHTIPS
 (867) Sell  879 a crucial resis SL 884. Down it'll fall down to 862 & thereafter to 851 & 837.

MOTHERSON SUMI MTECHTIPS
 (252) Sell on higher levels  256 & 259 crucial resis SL 261. Down break below 242 it'll fall down to 235 & 231.

ASHOK LEY MTECHTIPS
 (83.60) Break below 82 it'll heavily fall down to 79, 77 & 74. Up 85.50 & 87 crucial resiss.

EXIDE MTECHTIPS
 (125) Sell on higher levels  127 a solid resis SL 128.50. Down it'll fall down to 119 & thereafter to 109.

SHRIRAM TRANSPORT MTECHTIPS
 (750) Sell on higher levels  760 a crucial resis SL 767. Down it'll fall down to 731 & 716.

ITC MTECHTIPS
 (309) Sell  312 a crucial resis SL 315. Down it'll fall down to 304 & 300.

MCLEOD RUSSEL MTECHTIPS
 (147) Sell  150 a crucial resis SL 152.50. Down it'll fall down to 144-142.50 & 134-132.

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