Now market in oversold zone strong bounceback expected.
Nifty Future- (5372) on the way up key a Major resistance at 5410 Closing above 5410 tham nifty lead to 5452/5495 area. below 5321 strong support at 5310. do not short at near lower level.
JP associates (81.5) Buy at decline at 80 for objective of 85/89 area. break above 89 than should lead the stock towards 93 area. Keep stop below 78.5 area. Very positive bias for this stock.
Hindalco. (170.5) buy at cmp for objective of 175/180 area. Now break above 180 than should lead the stock towards 185 area. Keep stoploss below 167 area. Very positive bias for this stock.
KTK Bank (125) Intimate buy position in June future on any dips to 123 area. For an objective of 129/134. A break above 134 will stock indicate strength in the upmove. stoploos below 120.
Tata Steel (571) Intimate buy position in June future on any dips to 567 area. For an objective of 585/595 keep stoploos below 561.
Bharti Airtel. (380) Intimate buy position in June future on any dips to 375 area. For an objective of 400. A break above 400 will stock indicate strength in the upmove. stoploos below 371.
CESC (285) Buy future at any decline rate nr. 282 with stoploss below 279 area for an objective for 293/298 area. intimate 5 days position.
IDEA (76.75) Buy future at rate nr. 76 with stoploss below 74.5 area for an objective for 80/83 intimate 5 days position.
NTPC(178.5) Buy future with stoploss below 175 for an objective for 184/188 area. intimate 5 days position.
Adani Ente.. (672) Buy future with stoploss below 665 for an objective for 689/695 area. intimate 5 days position.
Best Buy For May Month :- Adani Ent., Hindalco, Tata Steel
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment