MTECHTIPS:- BSE index: (31056) Consider for this week…30983 a nearest crucial support break below which heavy profit booking will drag it down to 30876-30821 & 30744. Upward side 31163 & 31300 crucial resistances up to which profit booking to continue, keep stop loss of 31355 to your any shorts. A close above 31355 heavy fresh buying will take it up to 31545 & 31622.
MTECHTIPS:- Nifty June Future: (9597) Consider for this week…Break below 9582 heavy profit booking will drag it down to 9567, 9535 & 9482, where again buying support will be seen. Upward side 9627 & 9667 crucial resistances. A close above 9667 fresh buying will take it up to 9736 & 9781.
MTECHTIPS:- Bank Nifty June Future: (23460) Consider for this week…23380 & 23308 crucial supports, keep stop loss of 23276 to your buys. Upward side 23560 a crucial hurdle closing above which fresh buying will take it up to 23778 & 23912. Downward side break below 23275 it’ll fall down correctively to 23174, 23091 & 22957.
MTECHTIPS:- CEAT: (1861) Break below 1854 it’ll fall down to 1822, 1803 & 1771. Upward side 1884 a crucial resistance.
IBUL HSG: (1130) 1147 a crucial resistance up to which profit booking will be seen, keep stop loss of 1156 to your shorts. Downward side it’ll fall down correctively to 1111 & 1089.