NewsLetter for 20-Apr-2019

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY BALRAMCHINI AT 145 151 155 142
FUTURES
SELL DISHTV FUT AT 37.8 35 34 39

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 11752.80 11693
11641
11603
11760
11850
11935
NIFTY CLOSES ABV 11760 ; EXPECT FURTHER MOMENTUS UP MOVE.
BANK NIFTY 30223.40 30110
29703
29156
30440
30650
BANKNIFTY NEEDS TO CLOSE ABOVE 30650 FOR FURTHER UPMOVE
DHFL 157.10 143
126
119
161
178
191
CLOSED ABV CRUCIAL LEVEL OF 161. EXPECT FURTHER UPMOVE.
REL INFRA 121.50 121
110
103
130
146.25
SELL ON RALLY, STOCK NEEDS TO BREAK 121 LEVEL TO SEE IT'S PREVIOUS LOW OF 96.55
VEDL 178.60 170
158
146
179
185
198
SELL ON RALLY
TCS 2150.05 2138
2089
2040
2177
2202
2276
BUY ON DIPS.
SAIL 57.35 56
53
49
58
61
63
SELL ON RALLY
SBI 310.80 308
304
297
312
317
326
BUY ON DIPS.
DLF 183.10 175
165
153
185
195
208
BUY ON DIPS.
INFOSYS 717.05 708
699
677
720
733
756
NEED TO BREAK 708 OR 775 FOR A DIRECTION
TATA MOTORS 236.25 228
217
207
237
244
252
SELL ON RALLY
BHEL 76.05 75
72
70
77
79
81
SELL ON RALLY
TATA STEEL 543.10 541
533
527
557
568
581
SELL ON RALLY
WOCKPHARMA 439.15 436
419
408
451
466
477
SELL ON RALLY.
ONGC 160.60 156
150
144
161
164
173
SELL ON RALLY.
ICICIBANK 404.40 401
388
381
410
419
427
BUY ON DIPS.
RELCAPITAL 151.45 146
139
129
158
165
181
SELL ON RALLY.
RELIANCE 1385.95 1372
1347
1322
1388
1407
BULLISH.
YESBANK 255.80 255
249
238
276
288
303
BUY ON DIPS.
MARUTI 7447.45 7415
7325
7170
7580
7711
7890
SELL ON RALLY.
HINDALCO 207.20 200
196
189
209
214
218
SELL ON RALLY.
ACC 1699.45 1683
1629
1588
1707
1723
BUY ON DIPS.
LT 1360.70 1327
1301
1279
1389
1404
1427
BUY ON DIPS.
IBULHSGFIN 800.55 791
782
769
817
834
877
BUY ON DIPS.
INDUSINDBK 1764.30 1728
1699
1671
1777
1819
1845
SELL ON RALLY.

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
JAICORPLTD 128
MAHSCOOTER 3860
DEEPAKFERT 158
RELAXO 900
RVNL 26
RAYMOND 785
RPOWER 8.5
ESCORTS 775
RELINFRA 122
PNBHOUSING 795

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