5350 is major support. Upside target above 5440/5470
Nifty Future- (5380) on the way up key a Major resistance at 5398 Closing above 5398 tham nifty lead to 5440/5470 area. below 5250 strong support at 52215 do not short at near lower level.
Tata Motor (241) Again Buy at decline at 238 for objective of 252/255 area. break above 255 than should lead the stock towards 270 area. Keep stop below 232 area. Very positive bias for this stock.
Reliance (815) Buy at cmp for objective of 840/860 area. Now break above 860 than should lead the stock towards 900 area. Keep stoploss below 798 area. Very positive bias for this stock.
Rel Infra (505) Intimate Buy position in future at 500 area. For an objective of 525/535. Keep Stoploss below 495.
BPCL (343) Buy future at any decline rate nr. 340 with stoploss below 337 area for an objective for 352/360 area. intimate 5 days position.
Axix Bank (1115) Buy future at rate nr. 1110 with stoploss below 1103 area for an objective for 1140/1160 intimate 5 days position.
HDIL(83) buy at cmp for objective of 87/91 area. Now break above 91 than should lead the stock towards 95/98 area. Keep stoploss below 81 area. Very positive bias for this stock.
Bajaj Auto (1703) Buy future at any decline rate nr. 1695 with stoploss below 1687 area for an objective for 1730/1750 area. intimate 5 days position.
Petronet (151) Buy future at rate nr. 149 with stoploss below 146 area for an objective for 157/165 intimate 5 days position.
Polaris (123.5) buy at cmp for objective of 130/135 area. Now break above 135 than should lead the stock towards 140 area. Keep stoploss below 120 area. Very positive bias for this stock.
Weekly Target
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