EQUITY SHORT TERM CALL - (1-4 WEEKS)

Electrosteel Castings Ltd : BEST BUY 31 RESISTANCE @ 32.05 A BREAK ABOVE THAT TARGET IS 34.65/35.50; A CRACK BELOW 30.02 DOWNWARDS TARGET IS 28.60/27.80

CMP - 30.80

JK Tyre & Industries Ltd  : BEST BUY 89 RESISTANCE @ 93.80 A BREAK ABOVE THAT TARGET IS 108/112.40; A CRACK BELOW 87.30 DOWNWARDS TARGET IS 75.20/70.80

CMP - 90.65

IVRCL Infrastructures & Projects Ltd : BEST BUY 70 RESISTANCE @ 73.15 A BREAK ABOVE THAT TARGET IS 83.65/86.85; A CRACK BELOW 68.20 DOWNWARDS TARGET IS 59.5/56.25

CMP - 76.50

Taj GVK Hotels & Resorts Ltd : BEST BUY 97 RESISTANCE @ 100.90 A BREAK ABOVE THAT TARGET IS 113.10/116.90; A CRACK BELOW 94.20 DOWNWARDS TARGET IS 84.90/81.10

CMP - 91.85

***IF THE SCRIP IS TRADING BELOW OUR GIVEN PIVOT POINT THEN TRADER'S ARE ADVISED TO WAIT TILL OUR DOWNWARDS TARGET IS ACHIEVED & THEN BUY THERE.

***IF THE SCRIP IS TRADING ABOVE THE PIVOT POINT BUT BELOW BEST BUY LEVEL THEN PIVOT LEVEL WILL ACT AS A BUYING LEVEL.

***IF THE SCRIP IS TRADING ABOVE OUR GIVEN RESISTANCE WAIT TILL IT BREACHES OUR RESISTANCE LEVEL & BUY THERE ... IF CRACKS TILL OUR GIVEN BEST BUY LEVEL..BUY SOME MORE & AVERAGE YOUR POSITIONS.