Now upside target above 5240/5280.
Nifty Future- (5153) on the way up key a Major resistance at 5195 Closing above 5195 tham nifty lead to 5240 area. Close below 5080 strong support at 5050 do not short at near lower level.
Arvind Mills(71.5) Buy at decline at 70 for objective of 75/78 area. break above 78 than should lead the stock towards 81 area. Keep stop below 68 area. Very positive bias for this stock.
Jindal Steel(435) Buy at cmp for objective of 443/448 area. Now break above 448 than should lead the stock towards 453 area. Keep stoploss below 431 area. Very positive bias for this stock.
Bombay Dyeing(512) Intimate buy position in future on any dips to 505 area. For an objective of 530/545. A break above 545 will stock indicate strength in the upmove. stoploos below 501.
Maruti (1001) Intimate buy position in June. future on any dips to 1095 area. For an objective of 1125/1135 keep stoploos below 1085.
Sesagoa(185) Intimate buy position in future on any dips to 183 area. For an objective of 189/195. A break above 195 will stock indicate strength in the upmove. stoploos below 180.
BGR Energy(301) Buy future at any decline rate nr. 296 with stoploss below 293 area for an objective for 311/315 area. intimate 5 days position.
Rpower(102.5) Buy future at rate nr. 100 with stoploss below 98 area for an objective for 106/111 intimate 5 days position.
Rel. Capital(354) buy at cmp for objective of 369/376 area. Now break above 376 than should lead the stock towards 385 area. Keep stoploss below 347 area. Very positive bias for this stock.
Best Buy For May Month Maruti, Rel.Capital, Sesagoa.
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