MTECHTIPS:-01 AUGUST 2016 EQUITY CALLS

MTECHTIPS:- BSE index: (28052) Consider for this week…28255-28297 a most crucial hurdle. A close above 28297 only fresh buying will take it up to 28451 & 28581-28621. Downward side 27880 nearest support closing below which it’ll fall down to 27781-27724 initially. In worst scenario a close below 27724 heavy profit booking will drag it down to 27514.

MTECHTIPS:- Nifty August Future: (8687) Consider for this week…8745 a nearest hurdle crossover above which it’ll rush up to 8764 & 8785 initially. A close above 8785 only it’ll sustain on higher levels & flare up further. Downward side 8655 & 8615 crucial supports.out for.

MTECHTIPS:- Bank Nifty August Future: (19050) Consider for this week…19200 a crucial hurdle closing above which only fresh buying will be seen. Downward side 18890 & 18820 nearest supports.
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