5081 is major support. Upside target 5168/5220.
Nifty Future- (5132) on the way up key a Major resistance at 5168 Closing above 5168 tham nifty lead to 5220 area. below 5080 strong support at 5030 do not short at near lower level.
Reliance (725) Buy at decline at 720 for objective of 750/765 area. break above 765 than should lead the stock towards 790 area. Keep stop below 708 area. Very positive bias for this stock.
Tech Mahindra(718) Buy at cmp for objective of 740/750 area. Now break above 750 than should lead the stock towards 770 area. Keep stoploss below 704 area. Very positive bias for this stock.
Yes Bank (355) Intimate Sell position in future at 360/363 area. For an objective of 341/335. Keep Stoploss 367.
LT (1317) Buy future at any decline rate nr. 1308 with stoploss below 1300 area for an objective for 1350/1365 area. intimate 5 days position.
Tata Motors(213.5) Buy future at rate nr. 211 with stoploss below 205 area for an objective for 220/225 intimate 5 days position.
Bajaj Auto(1582) buy at cmp for objective of 1625/1650 area. Now break above 1650 than should lead the stock towards 1700 area. Keep stoploss below 1565 area. Very positive bias for this stock.
Ambuja Cement (180) Buy future at any decline rate nr. 178 with stoploss below 185 area for an objective for 190/195 area. intimate 5 days position.
IDFC(129) Buy future at rate nr. 127 with stoploss below 125 area for an objective for 132/135 intimate 5 days position.
Dr. Reddy.(1630) buy at cmp for objective of 1660/1680 area. Now break above 1680 than should lead the stock towards 1700 area. Keep stoploss below 1615 area. Very positive bias for this stock.
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