5555/5520 is the strong support . upside target above 5630..
Nifty Future- (5592) on the way up key a Major resistance at 5612 Closing above 5612 tham nifty lead to 5630 area. below 5555 strong support at 5321. do not short at near lower level.
Srei Infra(33.5) Buy at decline at 32 for objective of 35/37 area. break above 37 than should lead the stock towards 39 area. Keep stop below 30.5 area. Very positive bias for this stock.
NTPC(188.5) buy at cmp for objective of 194/199 area. Now break above 199 than should lead the stock towards 209 area. Keep stoploss below 183 area. Very positive bias for this stock.
Hind Zinc(141) Intimate buy position in future on any dips to 138 area. For an objective of 146/151. A break above 151 will stock indicate strength in the upmove. stoploos below 136.5.
Apollo Tyre (84) Intimate buy position in Feb. future on any dips to 82 area. For an objective of 88/91 keep stoploos below 81.
Reliance (820) Intimate buy position in future on any dips to 813 area. For an objective of 836/850. A break above 850 will stock indicate strength in the upmove. stoploos below 803.
GSPL(84) Buy future at any decline rate nr. 82.5 with stoploss below 80 area for an objective for 88/93 area. intimate 5 days position.
BPCL(618) Buy future at rate nr. 611 with stoploss below 606 area for an objective for 640/655 intimate 5 days position.
Century Tex.(336) buy at cmp for objective of 350/358 area. Now break above 358 than should lead the stock towards 375 area. Keep stoploss below 330 area. Very positive bias for this stock.
Best Buy For May Month :- GSPL, Hind Zinc,NTPC.
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