Nifty trend and 5 stocks to 'Buy'

Apr 29 2014, 18:39 IST
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One can buy Nifty May Futures if it comes around 6700 for the target of 6900. Reuters One can buy Nifty May Futures if it comes around 6700 for the target of 6900. Reuters
SummaryOne can buy Nifty May Futures if it comes around 6700 for the target of 6900.

the stock for buy side. One can go for long in the stock above the resistance level of 321.50 for the target of †335 with the stop loss of 308.

IPCALAB: BUY

Recently the stock has experienced the correction after a good upside rally and now it is consolidating below the falling trend line. It is likely to move upside with the crossing of its resistance mark of 830. Support for the stock is at 805. One can get the target of 855.

By Rohit Gadia, Founder & CEO, CapitalVia Global Research Limited†

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