5430 is major support level. Upside target above 5520/5580
Nifty Future- (5467) on the way up key a Major resistance at 5520 Closing above 552 tham nifty lead to 5582/5610 area. below 5430 strong support at 5401. do not short at near lower level.
L&T (1648) Buy at decline at 1635 for objective of 1675/1694 area. break above 1694 than should lead the stock towards 1725 area. Keep stop below 1623 area. Very positive bias for this stock.
Hindalco (198) buy at cmp for objective of 205/211 area. Now break above 211 than should lead the stock towards 220 area. Keep stoploss below 195 area. Very positive bias for this stock.
Divis Lab. (745) Intimate buy position in June future on any dips to 730 area. For an objective of 775/795. A break above 795 will stock indicate strength in the upmove. stoploos below 722.
Jet Airways(447) Intimate buy position in June future on any dips to 440 area. For an objective of 465/480 keep stoploos below 431.
Century Tex.(322) Intimate buy position in June future on any dips to 315 area. For an objective of 335/349. A break above 349 will stock indicate strength in the upmove. stoploos below 307.
Axix Bank (1213) Buy future at any decline rate nr. 1205 with stoploss below 1190 area for an objective for 1250/1275 area. intimate 5 days position.
Kotak Bank(436) Buy future at rate nr. 430 with stoploss below 425 area for an objective for 455/470 intimate 5 days position.
Sail (143) Buy future with stoploss below 140 for an objective for 151/155 area. intimate 5 days position.
Fortis Health (162) Buy future with stoploss below 157 for an objective for 171/175 area. intimate 5 days position.
India Info (77) Intimate buy position in Jine future on any dips to 75 area. For an objective of 81/84 keep stoploos below 74..5.
Best Buy For May Month :- India Info, Biocon, Kotak Bank
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