NewsLetter for 06-Aug-2020

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY POLYPLEX AT 672 700 715 663
FUTURES
BUY JUBILANT FOOD FUT AT 1855 1910 1940 1835

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 11200.15 11019
10849
10740
10560
10480 		11180
11345
11433
11580 		SUPPORT AT 11019.
BANKNIFTY 21642.60 21025
20875
20385
20030 		21555
22065
22495
23215
23460 		RESISTANCE AT 22065.
HDFC 1783.75 1769
1727
1668
1629		 1808
1840
1885
1920
SELL ON RALLY
HDFCBANK 1040.70 1036
1005
988
956		 1067
1098
1122
1150
SELL ON RALLY
VEDL 122.75 119
116
112
108		 125
127
134		 BUY ON DIPS.
TCS 2308.10 2248
2200
2178		 2271
2303
2352
2389
2425		 SELL ON RALLY
ITC 195.35 192
188
185		 196
199
203
207		 SELL ON RALLY
SBI 190.95 189
182
178
175		 194
197
204
SELL ON RALLY
DLF 142.65 137
133
128		 144
147
153		 SELL ON RALLY
INFOSYS 970.85 922
900
889
873		 956
981
999
1016		 BUY ON DIPS
TATA MOTORS 116.80 111
108
105
101		 116
119.1
124		 SELL ON RALLY
BHEL 35.70 34
32
29		 38
40
43		 SELL ON RALLY
TATA STEEL 400.45 362
354
343
325		 374
383
395
408		 BUY ON DIPS.
HINDUNILVR 2220.45 2150
2119
2088		 2201
2225
2250
2288
2322		 SELL ON RALLY
ONGC 78.05 75
72
70		 78
83
85		 SELL ON RALLY
ICICIBANK 358.75 349
338
326
318		 360
373
388		 BUY ON DIPS.
BAJFINANCE 3345.20 3210
3140
3060
2980		 3260
3333
3385
SELL ON RALLY
RELIANCE 2134.10 2137
2095
2055
2020
1990		 2201
2256
2303		 MAJOR RESISTANCE AT 2201 ; IF BROKEN EXPECT FURTHER MOMENTUM UPMOVE.
AXISBANK 433.00 426
418
405		 435
447
455		 SELL ON RALLY
MARUTI 6555.75 6410
6330
6170
6065		 6660
6750
6905		 BUY ON DIPS.
HINDALCO 178.00 174
171
168		 178
182
186		 BUY ON DIPS.
ACC 1406.20 1388
1352
1317
1283
1430
1461
1495
1533		 BUY ON DIPS.
LT 922.15 901
873
855		 928
947
961
988		 SELL ON RALLY
IBULHSGFIN 190.85 188
178
172
166		 195
200
208		 SELL ON RALLY
INDUSINDBK 494.90 486
477
461		 499
511
532
550		 SELL ON RALLY

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
LAURUSLABS 1030
AARTI DRUGS 1880
INDIAMART 3040
SONATA SOFTWARE 285
CYIENT 337
HDFCBANK 1040
SRTRANSFIN 650
INDIGO 980
GODREJPROP 910
CANBK 104

DELIVERY BUZZER

SCRIP VOLUME PERCENT DELIVERY DIRECTION
DISCLAIMER: The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the ScriP