Monday FO Strategy (28March2011)

Written By Unknown on Sunday, March 27, 2011 | 2:30 AM

5608 is the major suppor . upside target 5745/5780.

Nifty Future- (5670) on the way up key a Major resistance at 5695 Closing above 5695 tham nifty lead to 5745/5780 area. below 5608 strong support at 5573. do not short at near lower level.

Biocon (337.5) Buy at decline at 333 for objective of 351/358 area. break above 358 than should lead the stock towards 375 area. Keep stop below 328 area. Very positive bias for this stock.

IDFC (156..5) buy at cmp for objective of 162/166 area. Now break above 166 than should lead the stock towards 172 area. Keep stoploss below 151 area. Very positive bias for this stock.

ONGC (276) Intimate buy position in March future on any dips to 274 area. For an objective of 280/285. A break above 285 will stock indicate strength in the upmove. stoploos below 272.

HDFC (2270) Intimate buy position in March future on any dips to 2250 area. For an objective of 2305/2335 keep stoploos below 2234.

JSW Steel (909) Intimate buy position in March future on any dips to 902 area. For an objective of 930/945. A break above 945 will stock indicate strength in the upmove. stoploos below 892.

Sintex (144.5) Buy future at any decline rate nr. 143 with stoploss below 141 area for an objective for 149/153 area. intimate 5 days position.

Rel Infra (653) Buy future at rate nr. 646 with stoploss below 639 area for an objective for 674/688 intimate 5 days position.

MAX India(146.5) Buy future with stoploss below 143.5 for an objective for 151/155 area. intimate 5 days position.

Divis Lab. (634) Buy future with stoploss below 622 for an objective for 647/661 area. intimate 5 days position.

Patel Eng. (144.5) Intimate buy position in March future on any dips to 142 area. For an objective of 149/155 keep stoploos below 979.

Best Buy For May Month :- Biocon, Rel Infra, Patel Eng..

0 comments:

Post a Comment