NewsLetter for 12-May-2021

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY VENKEYS AT 1760 1840 1900 1730
FUTURES
SELL NAUKRI FUT AT 4520 4450 4400 4550

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 14850.80 14786
14550
14420
14270
14140
14985
15052
15130
VERY STRONG RESISTANCE AT 15052.
BANKNIFTY 32872.20 32140
31375
30890
30400
33460
33780
34360
34760
RESISTANCE AT 33460.
HDFC 2464.20 2450
2405
2364
2267
2480
2510
2540
2575
BUY ON DIPS.
HDFCBANK 1403.55 1371
1342
1315
1266
1454
1485
1510
1550
VERY VERY STRONG SUPPORT AT 1342.
VEDL 288.60 288
283
278
272
264
257
299
306
313
BUY ON DIPS.
TCS 3120.00 3110
3060
3005
2987
2948
3189
3270
3350
SELL ON RALLY.
ITC 204.10 202
196.9
193
188
208
210
217
223
SELL ON RALLY.
SBI 364.10 353
348
341
331
370
377
386
BUY ON DIPS.
DLF 265.00 260
255
249
242
273
278
285
SELL ON RALLY.
INFOSYS 1332.05 1326
1301
1283
1352
1388
1406
1440
1477
SELL ON RALLY.
TATA MOTORS 314.45 309
303
294
287
280
271
325
332
338
BUY ON DIPS.
SAIL 140.25 141
136
130
126
122
115 <
147
152
157
BUY ON DIPS.
TATA STEEL 1230.00 1205
1175
1140
1112
1080
1233
1271
1299
BUY ON DIPS
HINDUNILVR 2409.50 2405
2388
2350
2303
2285
2460

2510
2545
SELL ON RALLY.
BHEL 73.00 72
68
65
76
78
82
BUY ON DIPS
ICICIBANK 607.95 596
586
564
551
613
638
649
BUY ON DIPS
BAJFINANCE 5423.00 5450
5340
5120
5010
5580
5660
5730
5810
BUY ON DIPS
RELIANCE 1933.90 1900
1880
1850
1938
1980
2007
2047
2070
SELL ON RALLY.
AXISBANK 706.95 705
684
670
641
731
745
762
SELL ON RALLY.
MARUTI 6740.00 6650
6460
6360
6250
6720
6890
7060
7130
SELL ON RALLY.
HINDALCO 413.00 415
408
395
390
381
378
433
444
456
BUY ON DIPS
ACC 1904.50 1892
1860
1838
1805
1777
1925
1950
1983
SELL ON RALLY.
LT 1383.00 1378
1350
1303
1288
1250
1402
1439
1488
BUY ON DIPS
IBULHSGFIN 184.70 184
177
174
170
192
195
203
BUY ON DIPS
INDUSINDBK 947.65 918
905
888
869
839
952
978
999
SELL ON RALLY.

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
IEX 400
HFCL 37
VALIANT ORGANICS 1715
ORISSAMINE 2680
DAAWAT 81
BANDHAN BANK 294
SRF 6330
KOTAKBANK 1765
RAMCOCEM 945
TITAN 1445

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