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