NewsLetter for 03-Apr-2020

PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY SPENCERS RETAIL AT 76 80 83 74
FUTURES
SELL BHARATFORGE FUT AT 232 225 220 235

TECHNICAL OUTLOOK

SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
NIFTY 8253.80 8211
8133
7999		 8372
8420
8580
8885		 RESISTANCE AT 8372
BANKNIFTY 18208.35 18180
17800
17300
16920
16110		 18675
19070
19435
19999
20321 		RESISTANCE AT 18672
HDFC 1583.50 1550
1473
1430		 1591
1642
1688
1733
1775
VERY VERY STRONG DOUBLE BOTTOM SUPPORT AT 1473
HDFCBANK 829.65 830
795
752
738		 865
890
919
947		 VERY VERY STRONG SUPPORT AT 738
VEDL 62.65 63
60
57		 66
68
72
77		 SELL ON RALLY
TCS 1708.75 1698
1660
1620		 1735
1790
1820
1860
1908		 BUY ON DIPS.
ITC 166.40 168
164
160
156
151
147		 174
181
188		 BUY ON DIPS.
SBI 186.55 183
178
167
163
151		 194
200
208
212		 SELL ON RALLY
DLF 132.55 134
129
123
119
111
104		 142
148
154
160
172		 SELL ON RALLY
INFOSYS 602.80 591
570
551
538		 623
641
665
678
705		 BUY ON DIPS
TATA MOTORS 67.95 66
63
61
55		 71
74
79
84		 SELL ON RALLY
BHEL 20.70 20
18
22
25
27
29		 VERY STRONG SUPPORT AT 18
TATA STEEL 266.35 250
241
228		 267
280
292
303		 SELL ON RALLY
HINDUNILVR 2179.65 2180
2123
2050		 2225
2260
2335
2380		 BUY ON DIPS
ONGC 65.75 66
63
60
57		 69
71
74		 BUY ON DIPS
ICICIBANK 311.15 315
308
279
268
256		 335
344
352
360		 SELL ON RALLY
BAJFINANCE 2219.35 2170
2098
2030		 2288
2404
2525		 SELL ON RALLY
RELIANCE 1080.45 1055
1030
1000		 1105
1128
1150		 BUY ON DIPS.
YESBANK 23.95 21
19
17		 25
28
32		 SELL ON RALLY
MARUTI 4246.35 4289
3999
3835		 4444
4650
4800		 SELL ON RALLY
HINDALCO 91.65 93
90
88
84
81		 98
103
107		 SELL ON RALLY
ACC 963.45 943
919
899
876
863		 988
1019
1047
1082
11		 SELL ON RALLY
LT 774.35 777
748
723		 798
825
843
872
903		 SELL ON RALLY
IBULHSGFIN 99.35 95
91
87
83		 103
110
120		 SELL ON RALLY
INDUSINDBK 342.25 345
328
303
288		 374
390
408
423
444
SELL ON RALLY

STOCKS 2 WATCH

SCRIP DECIDER LEVEL TREND
ADANIGAS 88
HDFCAMC 2170
JUSTDIAL 305
MEGH 40
DIXON 3501
JINDALSTEL 71
BANDHANBANK 195
SRTRANSFIN 625
PNB 31
ASHOKLEY 41

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