NewsLetter for 23-Jan-2025

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY KARURVYSYA AT 233 240 245 229
FUTURES
BUY NMDC FUT AT 68 72 74 66

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 23,205.00 23000
22700
22500
23350
23600
23800		 MAJOR SUPPORT AT 23000; STRONG RESISTANCE AT 23600.
BANK NIFTY 48,589.00 48230
47800
47450		 49500
49800
50500		 MAJOR SUPPORT AT 47800. STRONG RESISTANCE AT 49800.
M&M 2,886.00 2850
2800
2760		 2908
2937
2971		 MAJOR SUPPORT AT 2800
HDFCBANK 1,665.00 1650
1624
1613
1601		 1688
1722
1758		 SELL ON RALLY.
VEDL 446.00 438
430
425		 456
465
485		 BUY ON DIPS.
TCS 4,145.00 4110
4070
4030		 4195
4250
4300		 SELL ON RALLY.
ITC 440.00 431
424
420		 440
445
451		 SELL ON RALLY.
SBI 746.00 737
722
708		 764
785
800		 SELL ON RALLY.
DLF 715.00 699
687
665		 725
745
765		 STRONG SUPPORT AT 687.
INFOSYS 1,865.00 1850
1830
1790
1890
1917
1950

SELL ON RALLY.
TATA MOTORS 752.00 730
717
700		 766
777
792		 BUY ON DIPS.
PFC 421.00 412
400
393		 428
442
452		 BUY ON DIPS.
TATA STEEL 130.00 127
125
122		 133
135
138		 SELL ON RALLY.
HINDUNILVR 2,322.00 2295
2250
2210		 2342
2378
2410		 SELL ON RALLY.
TATAPOWER 363.00 352
338
330		 369
378
390		 SELL ON RALLY.
ICICIBANK 1,202.00 1186
1175
1163		 1210
1222
1242		 SELL ON RALLY.
BAJFINANCE 7,443.00 7300
7130
7080		 7470
7580
7700		 BUY ON DIPS.
RELIANCE 1,264.00 1239
1211
1198		 1288
1303
1325		 SELL ON RALLY
AXISBANK 951.00 939
927
915		 964
976
995		 SELL ON RALLY
MARUTI 12,046.00 11850
11700
11380		 12200
12500
12800		 BUY ON DIPS
HINDALCO 608.00 603
595
585		 629
654
666		 SELL ON RALLY
ACC 2,045.00 2000
1970
1945		 2063
2110
2133		 SELL ON RALLY
LT 3,503.00 3480
3439
3400		 3540
3580
3620		 SELL ON RALLY
RECLTD 464.00 450
443
437		 477
493
505		 BUY ON DIPS.
INDUSINDBK 971.00 945
923
908		 980
995
1005		 SELL ON RALLY

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
ASPINWALL 326
SENORAS 550
DCMSHRIRAM 1170
GODIGIT 320
AVANTIFEED 680
MPSLTD 2200
AUBANK 595
HINDALCO 615
RELIANCE 1275
HUDCO 226

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