5289/5251 is the strong support . upside target above 5400..
Nifty Future- (5335) on the way up key a Major resistance at 5385 Closing above 5385 tham nifty lead to 5430 area. below 5289 strong support at 5251. do not short at near lower level.
Mcleoud Russel (201) Buy at decline at 199 for objective of 208/211 area. break above 211 than should lead the stock towards 216 area. Keep stop below 196.5 area. Very positive bias for this stock.
MRPL(62.5) buy at cmp for objective of 67/69 area. Now break above 69 than should lead the stock towards 73 area. Keep stoploss below 61 area. Very positive bias for this stock.
Areva(182.5) Intimate buy position in future on any dips to 180 area. For an objective of 188/192. A break above 192 will stock indicate strength in the upmove. stoploos below 178.
MAX (167.5) Intimate buy position in Feb. future on any dips to 165 area. For an objective of 172/176 keep stoploos below 162.5.
Auro Pharma(121) Intimate buy position in future on any dips to 118 area. For an objective of 126/131. A break above 131 will stock indicate strength in the upmove. stoploos below 115.
TCS(1172) Buy future at any decline rate nr. 1165 with stoploss below 1156 area for an objective for 1188/1205 area. intimate 5 days position.
NTPC(176.5) Buy future at rate nr. 174 with stoploss below 172 area for an objective for 182/186 intimate 5 days position.
PTC(54) buy at cmp for objective of 58/62 area. Now break above 58 than should lead the stock towards 62 area. Keep stoploss below 52.5 area. Very positive bias for this stock.
Best Buy For May Month :- PTC, MRPL, Mcleoud Russel.
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