Nifty Future- (5055) on the way up key a Major resistance at 5090 Closing above 5090 tham nifty lead to 5130 area. below 5011 strong support at 4971. do not short at near lower level.
Max(155.5) Buy at decline at 153 for objective of 161/165 area. break above 165 than should lead the stock towards 175 area. Keep stop below 152 area. Very positive bias for this stock.
REC Ltd.(185.5) buy at cmp for objective of 192/196 area. Now break above 196 than should lead the stock towards 206 area. Keep stoploss below 182 area. Very positive bias for this stock.
Century Tex.(253) Intimate buy position in future on any dips to 249 area. For an objective of 262/267. A break above 267 will stock indicate strength in the upmove. stoploos below 245.
Orchid Chem.(164.5) Intimate buy position in Jan. future on any dips to 161 area. For an objective of 170/175 keep stoploos below 158.
Kotak Bank(495) Intimate buy position in future on any dips to 488 area. For an objective of 515/525. A break above 525 will stock indicate strength in the upmove. stoploos below 482.
Hind Zinc(126.75) Buy future at any decline rate nr. 124 with stoploss below 121 area for an objective for 131/135 area. intimate 5 days position.
NTPC(174.5) Buy future at rate nr. 171 with stoploss below 168 area for an objective for 181/185 intimate 5 days position.
Siemens(754) buy at cmp for objective of 775/790 area. Now break above 790 than should lead the stock towards 805 area. Keep stoploss below 743 area. Very positive bias for this stock.
TVS Motors(51.5) Intimate buy position in future on any dips to 50 area. For an objective of 55/58. A break above 58 will stock indicate strength in the upmove. stoploos below 48.5.
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