NewsLetter for 21-Jan-2020

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY VBL AT 788 815 835 777
FUTURES
SELL BHEL FUT AT 44 42 41 45

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 12169.85 12130
11999		 12009
12282
12323		 RESISTANCE AT 12209.
BANK NIFTY 30947.55 30860
30620
30487		 31210
31447
31695		 RESISTANCE AT 31210.
HDFC 2465.45 2448
2427
2399		 2482
2515
2542		 BUY ON DIPS.
HDFCBANK 1244.35 1227
1198
1171		 1263
1275
1298		 VERY VERY STRONG SUPPORT AT 1227.
VEDL 153.90 151
148
146		 155
159
161		 BUY ON DIPS.
TCS 2171.05 2152
2127
2103		 2198
2222
2251		 SELL ON RALLY
SAIL 49.80 48
47
45		 52
54
55		 BUY ON DIPS.
SBI 313.70 308
305
299		 318
322
329		 SELL ON RALLY
DLF 257.10 253
247
240		 263
271
275		 BUY ON DIPS.
INFOSYS 762.50 756
747
738		 777
788
802		 BUY ON DIPS
TATA MOTORS 191.40 188
185
181		 195
198
200		 SELL ON RALLY.
BHEL 43.40 42
41
39		 45
46
48		 SELL ON RALLY.
TATA STEEL 476.15 463
450
439		 485
498
507		 BUY ON DIPS.
HINDUNILVR 2055.40 2035
1995
1963		 2070
2099
2123		 BUY ON DIPS
ONGC 122.75 121
118
116		 126
129
133		 SELL ON RALLY.
ICICIBANK 531.05 528
513
502		 536
541
548		 BUY ON DIPS.
BAJFINANCE 4138.60 4099
4038
3971		 4185
4229
4260		 SELL ON RALLY.
RELIANCE 1533.90 1518
1497
1470		 1555
1584
1603		 SELL ON RALLY.
YESBANK 38.35 36.5
32
28		 40
42
44		 VERY VERY STRONG DOUBLE BOTTOM AT 36.5 ; NEXT LEVEL OF SELLING ONLY BELOW 36.5
MARUTI 7302.65 7260
7189
7120		 7355
7401
7470		 BUY ON DIPS
HINDALCO 205.15 204
201
197		 208
210
212		 BUY ON DIPS
ACC 1496.10 1478
1452
1426		 1502
1539
1562		 SELL ON RALLY.
LT 1302.35 1283
1261
1248		 1327
1359
1378		 SELL ON RALLY.
IBULHSGFIN 301.15 297
290
282		 306
314
323		 SELL ON RALLY.
INDUSINDBK 1336.35 1311
1288
1263		 1351
1378
1404		 SELL ON RALLY.

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
CARERATING 644
GUJGASLTD 276
QUESS ABV 800
HAL 870
CENTURYTEX 557
PFC 107
AXISBANK 722
PNB 62
OIL 147
CASTROLIND 134

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