Market is likely to open strong tomorrow (May 22); Nifty can test 5,160-5,190 on upside, with 5,075-5,050 acting as strong support.
Nifty will remain in a range in coming days; 4,903 (50 DMA) & 5,067 (10 DMA) will act as support 5,197 (200DMA) and 5,221 (100DMA) as resistance.
Results on 22ndMay,08BAJ HOLD INV, BALAJI TELE, CUMMINS INDI, MOSER BAER,DISHMAN PHAR, GARWARE WALL, HAVELLSINDIA,SOMANY CRAM,LAKSHM EL CO
Tomorrow SYLPH TECH (511447) is going to list and that also without circuit filters.
Be CAUTIOUS while trading in it. (TOTAL OPERATOR ITEM)
HOT STOCKS-APTECH,DLF,CROMPTON
DIVISLAB ABV 1450 SL 1410 T 1470/90/1510++,
KOTAKBK ABV 735 SL 722 T 740/45/50+,
RENUKA ABV 137 SL 131 T 140/42/45++(INTRA +POSITIONAL
Reliance Industries has a target of Rs 2,750-2,780, - Hold Nifty long positions for the target of 5173, with a stoploss of 5070.
Videocon Industries has support at Rs 360 and can head towards Rs 448 and possibly even to Rs 495
Satyam Computer & GE Healthcare Wednesday announced an agreement , global healthcare providers of all sizes. WATCH SATYAMMMMM
BUY JAYSHEETEA 158-59 SL 153 TAR 172-81,
BUY LITL 576-77 SL 569 TAR 600-618.
ITC LTD:has support at Rs 225 levels and expect to outperform in the days ahead.
PRAJ ABV 220 SL 210 T 224/27/30++,
RAJESHEXP ABV 95 SL 91 T 98/101/04++,
HEG ABV 290 SL 285 T 295/297/300++
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