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MTECHTIPS EQUITY CALL

BSE index: (17236) Remain long considering 17129 a crucial support keeping stop
loss of 17004. Upward side it'll rush up to 17306 where selling will be seen, keep stop loss of 17352 to your shorts. In better scenario crossover above 17352 it'll spurt up to 17485. Downward side break below 17004 it'll turn weak & fall down to 16850 & 16755.

Nifty AUG Futures: (5239) Remain long considering 5207 a crucial support
keeping stop loss of 5168. Upward side it'll rush up to 5260 initially where selling will be seen, keep stop loss of 5270 to your shorts. In better scenario crossover above 5270 it'll spurt up to 5316-5326. Downward side break below 5168 it'll turn weak & fall down to 5119 & 5089.

Bank Nifty AUG Futures: (10440) 10514 a crucial resistance crossover above
which it'll rush up to 10558 & 10654 initially. Crossover above 10654 it'll sustain on higher levels & spurt up further to 10740. Downward side 10288 a crucial support, keep stop loss of 10261 to your buys. In worst scenario break below 10261 it'll turn very weak & fall down to 10148 & 10062.

BAJAJ AUTO: (1601) Buy considering 1586 a solid support keeping stop loss of
1580. Upward side crossover above 1617 it'll spurt up to 1648 & 1667.

APOLLO TYRES: (77.70) Sell on higher levels considering 79-79.50 a solid


resistance keeping stop loss of 80.50. Downward side it'll fall down to 75.75, 73.75 & 71.

JET AIR: (355) Buy considering 352 a solid support keeping stop loss of 342.
Upward side crossover above 362 it'll spurt up to 374.50 & 382.

MRF: (9583) Sell on higher levels considering 9620 & 9730 solid resistances
keeping stop loss of 9810. Downward side it'll fall down to 9488, 9413 & 9300.

PNB: (728) Buy considering 715 a solid support keeping stop loss of 711. Upward
side crossover above 735 it'll spurt up to 748 & 755.

CAN Bank: (366) Buy considering 361 a solid support keeping stop loss of 353.
Upward side it'll spurt up to 370 & thereafter to 376.50 & 386.

ALLAHBAD Bank: (134) Buy considering 131.50 a solid support keeping stop
loss of 127.50. Upward side crossover above 139 it'll spurt up to 144.25 & 148. Downward side break below 127.50 it'll turn weak & fall down to 120 & 116.

ICICI Bank: (960) Buy considering 949 a solid support keeping stop loss of 940.
Upward side it'll spurt up to 987 & 996.

KOTAK Bank: (535) Buy keeping stop loss of 525. Upward side crossover
above 541 it'll spurt up to 551 & 557. Downward side break below 525 it'll turn weak & fall down to 515 & 509.

HAVELLS: (538) Sell considering 545 & 553 solid resistances keeping stop loss
of 563. Downward side it'll fall down to 528-525 initially. Break below 525 it'll crash down to 517.50 & 501.