Technical View on Indian Equities

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TECHNICAL VIEW ON INDIAN EQUITIES

SCRIP

SUPP

RES

TRADING CALL

NIFTY- 5362.95

5375

5455

Hold shorts taken at 5365- 75 with a stop at 5400 for a p.t. of 5320- 5340. Go long at the break of 5400 with a stop at 5370 for a p.t  of 5450- 60

5340

5535

5320

M&M-             765.3  

764

767

Short in the 767- 771 range with a stop at 777 for a p.t. of 747- 755

755

771

747

785

WIPRO- 349.4

341

351

Short at 351- 355 with a stop at 359 for a p.t. of 340- 41 followed by 326- 330

326

356

BANK NIFTY- 10426.75

10440

10600

Initiate longs in the 10300- 320 range with a STOP LOSS at 10260 for a p.t. of 10430- 450. Break of 10260, reverse pos. for a p.t. of 10100

10390

10650

10310

10700

ICICI BANK-   956.4

945

972

Hold short pos. initiated at 965- 970 with a S/L at 977 for a p.t. of 945- 948. Break of 977, go long with a S/L at 970 for a p.t. of 993- 95

924

995

RIL-                    816.15

812

821

Short in the 818- 821 range with a stop at 826 for an initial target of 812 followed by 804- 806

804

846

792

Astrology View
BUY: GREAT OFFSHORE, SBI, ICICI, Tata Motors, United Spirit, Tata Steel, Cairn, Praj industries
SELL: Sterlite

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Mr. rajeev prakash agarwal

Mr. Rajeev Prakash

Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.

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