5615 is the major support. Now upside target above 5700/5750.
Nifty Future- (5640) on the way up key a Major resistance at 5670 Closing above 5670 tham nifty lead to 5705/5735 area. below 5615 strong support at 5550. do not short at near lower level.
Bharti Airtel(415) Buy at decline at 410 for objective of 426/438 area. break above 438 than should lead the stock towards 450 area. Keep stop below 406 area. Very positive bias for this stock.
IDFC (141.25) buy at cmp for objective of 145/149 area. Now break above 149 than should lead the stock towards 155 area. Keep stoploss below 138 area. Very positive bias for this stock.
Sintex(184) Intimate buy position in July future on any dips to 182 area. For an objective of 189/194. A break above 194 will stock indicate strength in the upmove. stoploos below 179.
Sterlite(169) Intimate buy position in July future on any dips to 167 area. For an objective of 175/180 keep stoploos below 165.
GMDC(161) Intimate buy position in July future on any dips to 159 area. For an objective of 167. A break above 167 will stock indicate strength in the upmove. stoploos below 157.5.
Renuka Sugar.. (73.75) Buy future at any decline rate nr. 72 with stoploss below 71.5 area for an objective for 78/82 area. intimate 5 days position.
Rcom (93.75) Buy future at rate nr. 92 with stoploss below 90 area for an objective for 98/105 intimate 5 days position.
Polaris(179.5) Buy future with stoploss below 176 for an objective for 185/189 area. intimate 5 days position.
Hindalco (177.5) Buy future with stoploss below 173 for an objective for 182/187 area. intimate 5 days position.
Best Buy For May Month :- ICICI, IDFC, Hindalco
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