I think Nifty will be in the range 5670-5900 for the coming weeks.
Immediate support for Nifty is 5940 and 5970.
If Nifty breaks that support, the next level will be 6030 and 6080. But it is possible only by the consistent buying of FIIs.
The following are the best entry levels for various stocks.
Bharti Airtel: The safe entry levels are 353 and 320. The immediate resistance of this stock is 407.
ACC cements: The best entry levels are 1060 and 1042. Immediate resistance is at 1210.
HDFC Bank: Banking sector are showing good performance in this quarter. The buying levels are 2265. The support for this stock is at 2335. Immediate resistance is at 2544.
JSW Steel: Entry levels for this are 948 and 906. Immediate resistance is at 1060.
HCL Tech: the company showed a good quarter result. I think we can make investments at 511 and 480. Book profits at 560.
Sunpharma: It is a leading company in the pharmaceutical sector. The best entry levels for investments is 426 and 403. Immediate resistance at 500.
Bank of Baroda: Entry level for this stock is 956 and 916. The immediate resistance will be at 1050. So profit booking is advisable in this range.
IFCI: The safe entry level for this stock is 51 and 46. Resistance is at 62.
Infosys: I recommended Infy a week ago. The safe levels for entry is 2750 and 2850. Resistance is at 3200.
Yes Bank: Yes bank is one of the emerging private sector bank in India. Announced a good quarter result. The safe level for investing is 312 and 289. 360 is the immediate resistance.
Hindalco: The support level for Hindalco is 204 and 186. The resiatance is at 240.
Vijaya bank: Pharma sector and banking sector are the best sector for investments in this year. The safe levels for investments is 86 and 74. Immediate resistance is at 103.
Cipla: Cipla is the leading company in pharma sector. The safe entry level is 300 and 290. Immediate resistance is at 360.
Note that make investments only in these ranges. I prefer step by step investments in any stocks.
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
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