MTECHTIPS:-07 JUNE 2016 EQUITY CALLS

MTECHTIPS:-07 JUNE 2016
EQUITY CALLS

MTECHTIPS:-LUPIN: (1419) 1455 a crucial resistance where selling will be seen, keep stop loss of 1475 to your shorts. Downward side it’ll fall down to 1405 & 1375.

MTECHTIPS:-PTC INDIA: (72.85) Buy on declines considering 72-71 a crucial support keeping stop loss of 68.50. Upward side it’ll spurt up further to 76.50.

MTECHTIPS:-FED Bank: (53.70) Buy considering 52.75 a crucial support keeping stop loss of 51.50. Upward side it’ll spurt up to 55.25 & 56.75.

MTECHTIPS:-YES Bank: (1062) Buy or remain long considering 1054 a crucial support keeping stop loss of 1045. Upward side it’ll spurt up to 1072-1077 & thereafter to 1088-1097.

MTECHTIPS:-KOTAK Bank: (765) Crossover above 766 it’ll spurt up to 783, 788 & 796. Downward side 756 & 751 crucial supports, keep stop loss of 745 to your buys.

MTECHTIPS:-AXIS Bank: (534) Buy on declines considering 526 a crucial support keeping stop loss of 522. Upward side 541 & 545 crucial hurdles. Crossover above 545 it’ll spurt up to 554 & 560. Downward side break below 522 it’ll turn weak & fall down to 502.
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