Now upside target 5750/5830. do not short at lower level.
Nifty Future- (5480) on the way up key a Major resistance at 5530 Closing above 5530 tham nifty lead to 5562/5595 area. below 5420 strong support at 5360. do not short at near lower level.
AXIX (1315) Buy at decline at 1305 for objective of 1341/1370 area. break above 1370 than should lead the stock towards 1393 area. Keep stop below 1300 area. Very positive bias for this stock.
Reliance (867) buy at cmp for objective of 885/898 area. Now break above 898 than should lead the stock towards 915 area. Keep stoploss below 858area. Very positive bias for this stock.
GMDC (156.5) Intimate buy position in July future on any dips to 155 area. For an objective of 163/174. A break above 174 will stock indicate strength in the upmove. stoploos below 153.
SCI (104) Intimate buy position in July future on any dips to 101 area. For an objective of 108/112 keep stoploos below 98.5.
DLF.. (221) Intimate buy position in July future on any dips to 217 area. For an objective of 230. A break above 230 will stock indicate strength in the upmove. stoploos below 214.
Chennai Petro (228) Buy future at any decline rate nr. 225 with stoploss below 222 area for an objective for 234/240 area. intimate 5 days position.
CESC (292.5) Buy future at rate nr. 288 with stoploss below 286.5 area for an objective for 298/303 intimate 5 days position.
LIC Hsg.(237) Buy future with stoploss below 231 for an objective for 246/250 area. intimate 5 days position.
IB Real. (116.75) Buy future with stoploss below 112 for an objective for 121/123 area. intimate 5 days position.
Bharat Forge.(308) Buy future with stoploss below 303 for an objective for 218/327 area. intimate 5 days position.
Best Buy For May Month :- GMDC, Reliance < CESE>
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