NewsLetter for 22-Oct-2024

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY ORIENTCEM AT 352 365 375 346
FUTURES
BUY MCX FUT AT 6630 6750 6850 6590

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 24765.00
24500
24160
23900
25000
25235
25650
VERY VERY STRONG SUPPORT AT 24500.
BANK NIFTY 51928.00
51600
50900
50460
52600
53300
54000
VERY VERY STRONG SUPPORT AT 51600.
M&M 2991.00
2949
2919
2848
3000
3040
3075
SELL ON RALLY
HDFCBANK 1725.00
1660
1640
1613
1691
1705
1725
BUY ON DIPS.
VEDL 475.00
467
458
449
493
501
508
BUY ON DIPS.
TCS 4063.00
4095
4060
4020
4150
4182
4215
SELL ON RALLY
ITC 483.00
488
484
479
500
510
518
SELL ON RALLY
SBI 812.00
812
799
788
828
837
855
BUY ON DIPS.
DLF 858.00
854
840
828
888
900
916
BUY ON DIPS.
INFOSYS 1851.00
1870
1852
1828
1888
1912
1940
SELL ON RALLY
TATA MOTORS 903.00
890
878
863
927
951
985
SELL ON RALLY
PFC 461.00
466
457
437
482
492
505
BUY ON DIPS.
TATA STEEL 155.00
152
149
147
158
161
163
SELL ON RALLY
HINDUNILVR 2688.00
2690
2660
2630
2731
2760
2790
SELL ON RALLY
TATAPOWER 455.00
447
436
428
459
467
475
SELL ON RALLY
ICICIBANK 1257.00
1245
1218
1195
1288
1303
1325
BUY ON DIPS.
BAJFINANCE 6762.00
6830
6750
6680
6950
7000
7080
SELL ON RALLY
RELIANCE 2735.00
2700
2670
2645
2750
2780
2805
SELL ON RALLY
AXISBANK 1188.00
1119
1097
1070
1150
1188
1200
SELL ON RALLY
MARUTI 12159.00
11900
11700
11560
12370
12530
12700
SELL ON RALLY
HINDALCO 738.00
748
735
718
762
777
790
BUY ON DIPS.
ACC 2301.00
2235
2190
2160
2300
2330
2360
SELL ON RALLY
LT 3578.00
3530
3490
3429
3618
3660
3700
SELL ON RALLY
RECLTD 527.00
543
535
526
563
571
585
BUY ON DIPS.
INDUSINDBK 1306.00
1320
1290
1260
1380
1405
1440
SELL ON RALLY.

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
BOMBAY DYEING 240
REDTAPE 935
OLECTRA 1720
AJMERA 890
ANUP 2800
ZOMATO 265
MANAPPURAM 148
RBLBANK 181
MGL 1580
HAVELLS 1830

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