NewsLetter for 04-Jun-2020

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY BSOFT AT 80 84 87 78
FUTURES
BUY JINDALSTEL FUT AT 137 142 145 135

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 10029.10 9935
9789
9699
9597
9535
10180
10270
10545
RESISTANCE AT 10180.
BANKNIFTY 20390.45 20225
19880
19630
19297
21150
21620
21970
22550
RESISTANCE AT 21150.
HDFC 1764.30 1737
1705
1652
1585
1808
1840
1885
1930
BUY ON DIPS.
HDFCBANK 1001.70 993
960
923
887
1020
1050
1088
BUY ON DIPS.
VEDL 104.40 103
98
95
107
110
112
BUY ON DIPS.
TCS 2091.55 2060
2038
2009
1976
1933
2105
2142
2178
BUY ON DIPS.
ITC 200.15 196
192
188
184
202
207
213
BUY ON DIPS.
SBI 174.05 169
165
162
154
148
175
181
188
SELL ON RALLY
DLF 156.35 149
144
137
162
171
178
SELL ON RALLY
INFOSYS 707.75 698
683
665
641
623
726
745
777
BUY ON DIPS.
TATA MOTORS 98.50 95
93
89
100
104
106
SELL ON RALLY
BHEL 26.80 27
24.5
24
22.8
20.9
29.7
32
34
SELL ON RALLY
TATA STEEL 319.95 312
300
271
263
250
328
340
355
SELL ON RALLY
HINDUNILVR 2120.60 2070
2020
1970
1938
1901
2152
2225
2260
2315
BUY ON DIPS
ONGC 84.90 82
80
78
74
88
90
94
SELL ON RALLY
ICICIBANK 347.85 349
335
323
308
360
375
388
SUPPORT AT 335
BAJFINANCE 2313.05 2311
2248
2201
2167
2360
2404
2445
BUY ON DIPS
RELIANCE 1579.80 1550
1526
1505
1485
1443
1588
1615
1663
BUY ON DIPS
AXISBANK 394.35 395
378
360
351
339
408
417
430
SELL ON RALLY
MARUTI 5690.20 5580
5370
5250
5130
5710
5888
6006
6130
SELL ON RALLY
HINDALCO 142.65 138
134
130
126
123
144
147
150
SELL ON RALLY
ACC 1269.10 1250
1221
1195
1151
1115
1283
1317
1352
BUY ON DIPS
LT 930.70 952
926
905
873
952
983
1008
SELL ON RALLY
IBULHSGFIN 127.75 123
119
114
128
132
140
145
SELL ON RALLY
INDUSINDBK 415.05 404
390
374
423
441
460
488
SELL ON RALLY

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
GRANULES 184
BBTC 1080
IRCTC 1430
BAYERCROP 5400
SUNPHARMA 495
RBLBANK 124
BAJAJFINSV 5200
CHOLAFIN 145
NAUKRI 2550
APOLLOTYRE 105

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