NewsLetter for 01-Apr-2020

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY MCX AT 1090 1170 1200 1070
FUTURES
SELL BANDHANBANK FUT AT 203 195 190 209

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 8597.75 8420
8372
8211
8133
7999		 8580
8885
8968
EXPECT GAP DOWN OPENING.
BANKNIFTY 19144 18675
18180
17800		 19070
19435
19999
20321
20590 		EXPECT GAP DOWN OPENING.
HDFC 1633.10 1591
1550
1473
1430		 1688
1733
1775
1818		 VERY VERY STRONG DOUBLE BOTTOM SUPPORT AT 1473
HDFCBANK 861.90 830
795
752
738		 865
890
919
947		 VERY VERY STRONG SUPPORT AT 738
VEDL 64.70 63
60
57		 66
68
72
77		 SELL ON RALLY
TCS 1826.10 1790
1735
1698
1660
1620		 1820
1860
1908		 BUY ON DIPS.
ITC 171.70 168
164
160
156
151
147		 174
181
188		 BUY ON DIPS.
SBI 196.85 183
178
167
163
151		 194
200
208
212		 SELL ON RALLY
DLF 137.45 134
129
123
119
111
104		 142
148
154
160
172		 SELL ON RALLY
INFOSYS 641.50 641
623
591
570
551
538		 665
678
705		 BUY ON DIPS
TATA MOTORS 71.05 66
63
61
55		 71
74
79
84		 SELL ON RALLY
BHEL 20.80 20
18
22
25
27
29		 VERY STRONG SUPPORT AT 18
TATA STEEL 269.6 250
241
228		 267
280
292
303		 SELL ON RALLY
HINDUNILVR 2298.50 2260
2225
2180
2123		 2335
2380
2427		 BUY ON DIPS
ONGC 68.30 66
63
60
57		 69
71
74		 VERY STRONG SUPPORT AT 57
ICICIBANK 323.75 315
308
279
268
256		 335
344
352
360		 SELL ON RALLY
BAJFINANCE 2215.80 2170
2098
2030		 2288
2404
2525		 SELL ON RALLY
RELIANCE 1113.75 1055
1030
1000		 1105
1128
1150		 BUY ON DIPS.
YESBANK 22.45 21
19
17		 25
28
32		 SELL ON RALLY
MARUTI 4288.30 4289
3999
3835		 4444
4650
4800		 SELL ON RALLY
HINDALCO 95.70 93
90
88
84
81		 98
103
107		 SELL ON RALLY
ACC 968.5 943
919
899
876
863		 988
1019
1047
1082
11		 SELL ON RALLY
LT 808.50 798
777
748		 825
843
872
903		 SELL ON RALLY
IBULHSGFIN 96.75 91
87
83
77
73		 95
99
103
110
120		 SELL ON RALLY
INDUSINDBK 351.30 345
328
303
288		 374
390
408
423
444
SELL ON RALLY

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
ITC 168
HINDUNILVR 2260
BRITANNIA 2650
NESTLEIND 16000
IPCALAB 1350
EICHERMOT 13000
UJJIVAN 147
INDUSINDBK 350
MFSL 384
BHARATFORGE 234

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