Nifty Future- (6195) on the way up key a Major resistance at 6245 Closing above 6245 tham nifty lead to 6290/6310 area. below 6140 strong support at 60073. do not short at near lower level.
NTPC(160.5) Buy at decline at 157 for objective of 168/175 area. break above 175 than should lead the stock towards 183 area. Keep stop below 152 area. Very positive bias for this stock.
Rel. Capital. (375) Buy at cmp for objective of 395/402 area. Now break above 402 than should lead the stock towards 410/420 area. Keep stoploss below 366 area. Very positive bias for this stock.
REC (245) Intimate Buy position in future at 240 area. For an objective of 258/270. Keep Stoploss below 238.
Infosys (2335) Buy future at any decline rate nr. 2305 with stoploss below 2281 area for an objective for 2375/2425 area. intimate 5 days position.
Hind Zinc (122) Buy future at rate nr. 120 with stoploss below 117 area for an objective for 130/134 intimate 5 days position.
LIC(273) buy at cmp for objective of 285/290 area. Now break above 290 than should lead the stock towards 305 area. Keep stoploss below 267 area. Very positive bias for this stock.
DLF (250) Buy future at any decline rate nr. 245 with stoploss below 238 area for an objective for 262/268 area. intimate 5 days position.
Ranbaxy (473) Buy future at rate nr. 470 with stoploss below 466 area for an objective for 487/494 intimate 5 days position.
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