Monday (30Jan2012) Weekly Target

Written By Unknown on Friday, January 27, 2012 | 6:54 PM

5165 is the strong support . upside target above 5252/5310.

Nifty Future- (5210) on the way up key a Major resistance at 5252 Closing above 5252 tham nifty lead to 5230 area. below 5165 strong support at 5031. do not short at near lower level.
Hind Zinc(135) Buy at decline at 133 for objective of 141/145 area. break above 145 than should lead the stock towards 155 area. Keep stop below 130 area. Very positive bias for this stock.
Tata Steel(458.5) buy at cmp for objective of 472/479 area. Now break above 479 than should lead the stock towards 490 area. Keep stoploss below 452 area. Very positive bias for this stock.
IRB.(172.25) Intimate buy position in future on any dips to 170 area. For an objective of 178/182. A break above 182 will stock indicate strength in the upmove. stoploos below 167.5.
United Phos.(151) Intimate buy position in Jan. future on any dips to 150 area. For an objective of 157/163 keep stoploos below 147.
Godrej Ind.(199) Intimate buy position in future on any dips to 197 area. For an objective of 206/213. A break above 213 will stock indicate strength in the upmove. stoploos below 194.5.
Crompton (144.5) Buy future at any decline rate nr. 142 with stoploss below 139.5 area for an objective for 151/155 area. intimate 5 days position.
Cipla(346.5) Buy future at rate nr. 343 with stoploss below 338 area for an objective for 353/360 intimate 5 days position.
Dish TV(63.5) buy at cmp for objective of 67.5/70 area. Now break above 70 than should lead the stock towards 74 area. Keep stoploss below 61 area. Very positive bias for this stock.
Hindalco(145.5) Intimate buy position in future on any dips to 142 area. For an objective of 151/155. A break above 155 will stock indicate strength in the upmove. stoploos below 140.

Best Buy For Feb Month :- Godrej Ind., Crompton, Cipla

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