NewsLetter for 27-May-2022

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY HEG AT 1070 1110 1140 1050
FUTURES
BUY HDFCBANK FUT AT 1375 1410 1430 1359

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 16352.50 16080
15670
15450
15370		 16320
16405
16485

CRUCIAL SUPPORT AT 15670. STRONG RESISTANCE AT 16485
BANKNIFTY 35613.30 34799
34090
32940
32370
32150		 35150
35750
36050 		CLOSED ABOVE CRUCIAL RESISTANCE OF 34800. EXPECT GOOD SHORT COVERING.
HDFC 2330.40 2250
2220
2170
2140		 2305
2340
2380		 BUY ON DIPS
HDFCBANK 1392.05 1329
1305
1285
1265		 1379
1390
1425		 BUY ON DIPS
VEDL 307.85 307
298
292
286		 320
329
341		 BUY ON DIPS
TCS 3261.30 3180
3130
3085
3050		 3270
3300
3355
3390
SELL ON RALLY.
ITC 269.20 262
259
255		 271
275
280		 BUY ON DIPS
SBI 468.95 462
450
438
429		 477
486
495		 BUY ON DIPS
DLF 324.55 318
312
306		 338
354
365		 SELL ON RALLY.
INFOSYS 1461.35 1399
1362
1328		 1440
1488
1500
1560		 SELL ON RALLY.
TATA MOTORS 429.60 412
405
395
388		 426
434
440		 BUY ON DIPS.
SAIL 74.20 71
68
66		 77
79
82		 SELL ON RALLY.
TATA STEEL 1043.50 1038
1000
980
950
930		 1070
1090
1115		 SELL ON RALLY.
HINDUNILVR 2330.60 2290
2260
2220		 2360
2425
2460
2510		 BUY ON DIPS
TATAPOWER 224.70 217
212
208		 223
227
232
236
247		 SELL ON RALLY.
ICICIBANK 739.80 711
695
686
677
665		 737
750
760		 BUY ON DIPS
BAJFINANCE 5993.50 5710
5650
5480
6000
6136
6206		 STRONG RESISTANCE AT 6000
RELIANCE 2575.10 2570
2540
2505
2620
2660
2730
2770		 SELL ON RALLY.
AXISBANK 688.30 660
648
625
610		 680
693
716
729		 SELL ON RALLY.
MARUTI 7942.95 7775
7640
7450		 8070
8200
8350		 BUY ON DIPS
HINDALCO 409.15 400
391
385
374		 412
421
426
435		 BUY ON DIPS
ACC 2198.05 2180
2140
2099		 2222
2256
2288
2333		 BUY ON DIPS
LT 1600.30 1560
1540
1515		 1605
1686
1740
1788
SELL ON RALLY.
IBULHSGFIN 117.30 114
108
105
99		 121
126
130		 SELL ON RALLY.
INDUSINDBK 925.40 888
865
849
830
808		 918
937
960		 BUY ON DIPS

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
TIRUMALCHEM 236
GOKEX 448
DEEPAKFERT 630
AIAENG 2060
ADANIENT 2080
ADANIPORTS 710
BAJFINANCE 5870
CHAMBALFERT 350
IEX 184
HAVELLS 1185

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