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MTECHTIPS EQUITY CALLS

BSE index: (19580) 19652 & 19696 crucial resistances up to which selling to
continue, keep stop loss of 19703 to your shorts. Downward side break below 19540 it'll fall down further to 19470-19433 where buying support not ruled out, keep stop loss of 19377 to your any fresh buys. Upward side crossover above 19703 it'll surge up to 19803 & 19865.

Nifty FEB Futures: (5963) 5977 a crucial resistance up to which selling will
continue, keep stop loss of 5994 to your shorts. Downward side it'll fall down to 5920 initially, which is a most crucial support where buying support not ruled out. In worst scenario break below 5920 it'll heavily fall down further to 5907 & 5886. Upward side crossover above 5994 it'll surge up to 6025 & 6045.

Bank Nifty FEB Futures: (12422) Sell considering 12480 & 12508 crucial
resistances keeping stop loss of 12532. Downward side break below 12364 it'll fall down further to 12260-12231 where buying support not ruled out. In worst scenario a close below 12231 it'll crash down to 12056. Upward side crossover above 12532 it'll surge up to 12636 in a disguised manner.

IB REAL: (75.50) Sell considering 77.25-78 a solid resistance keeping stop loss of
79.50. Downward side it'll fall down heavily to 73, 70.75 & 67.25.

M&M: (896) Buy considering 890-888 a solid support keeping stop loss of 881.
Upward side it'll spurt up to 903, 909 & 920. Downward side break below 881 it'll fall down to 871 on intra day basis.

JUB FOOD: (1176) Sell considering 1180 & 1194 crucial resistances keeping
stop loss of 1210. Downward side it'll fall down to 1157, 1130 & 1098.

JSWSL: (835) Sell considering 841 & 846 crucial resistances keeping stop loss of
855. Downward side it'll fall down to 819 & 805.

TITAN: (264.50) Sell on higher levels considering 270.50 & 275 solid resistances
keeping stop loss of 278. Downward side it'll fall down to 252.

HDFC Bank: (642) Sell keeping stop loss of 647.50. Downward side break below
634 it'll fall down to 625 & 619. Upward side crossover above 647.50 it'll turn positive & spurt up to 654 & 659.

HERO MOTO: (1752) Sell considering 1763 & 1770 solid resistances keeping
stop loss of 1785. Downward side it'll fall down to 1726 & 1712.

BOB: (772) It'll fall down further to 758 & 753, cover shorts for once at lower
levels. Upward side 781 & 787 solid resistances, keep stop loss of 796 to your shorts.

CAN Bank: (462) 450 a crucial support where buying support will be seen, keep
stop loss of 444 to your buys. Upward side 473 a most crucial resistance crossover above which it'll surge up to 480, 487 & 497. Downward side break below 444 it'll turn weak & crash down to 425.

FED Bank: (517) Buy considering 515 a solid support keeping stop loss of 510.
Upward side crossover above 521 it'll surge up to 533.

BHARAT FORGE: (226) Sell keeping stop loss of 231. Downward side it'll
fall down to 222 & thereafter to 219.50 & 213.

APOLLO TYRES: (85.65) Sell considering 86.50 a solid resistance keeping


stop loss of 87.50. Downward side it'll fall down to 82.50 & 81.50.

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