NewsLetter for 22-May-2017

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY RBL AT 1065 1110 1150 1049
FUTURES
SELL ARVIND FUT AT 382 369 361 386

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 9438.25 9345
9280
9205
9488
9535
9601
RESISTANCE AT 9488.
BANK NIFTY 22652.85 22560
22330
22050
22820
23070
23335
RESISTANCE AT 23070.
ITC 303.60 283
280
276
290
295
299
MILDLY BULLISH.
REL INFRA 555.25 557
546
532
587
600
618
SELL ON RALLY.
VEDL 228.90 227
223
218
234
238
243
SELL ON RALLY.
TCS 2531.35 2478
2439
2401
2533
2567
2599
MILDLY BULLISH.
SAIL 60.15 59
58
56
62
64
65
SELL ON RALLY.
SBI 294.30 304
298
293
313
317
323
MILDLY BULLISH.
DLF 205.10 205
201
197
213
219
224
SELL ON RALLY.
INFOSYS 961.45 951
940
929
978
990
1009
SELL ON RALLY.
TATA MOTORS 449.65 434
425
417
457
463
475
SELL ON RALLY.
BHEL 161.35 162
159
157
167
169
172
SELL ON RALLY.
TATA STEEL 486.40 477
465
454
493
501
510
SELL ON RALLY.
WOCKPHARMA 640.85 646
633
618
667
679
691
SELL ON RALLY.
ONGC 177.15 177
173
168
185
190
193
MILDLY BULLISH.
ICICIBANK 303.85 302
297
293
312
319
326
MILDLY BULLISH.
RELCAPITAL 636.70 646
632
618
668
679
687
MILDLY BULLISH.
RELIANCE 1324.15 1301
1278
1263
1336
1355
1372
MILDLY BULLISH
HDIL 89.40 89
87
86
93
95
98
SELL ON RALLY.
MARUTI 6701.70 6768
6727
6668
6841
6888
6952
MILDLY BULLISH
HINDALCO 190.25 189
187
184
194
197
201
SELL ON RALLY
ACC 1626.85 1652
1626
1605
1705
1733
1760
MILDLY BULLISH
LT 1751.95 1695
1671
1648
1750
1777
1805
MILDLY BULLISH.
L

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
ARCHIDPLY 83
KCP 132
HERITAGE FOOD 1150
MIRZAINT 151
TIRUMALAI CHEMICAL 935
MCX 1005
UJJIVAN 325
STAR 1000
MRF 66100
PNB 158

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