TREND FOR 11th MAY

The markets are still in negative zone & are expected to consolidate at these levels & the Nifty may move up to 5558 - 5612 & on the downside may slip to 5470. Long positions can be taken in FEDERAL BNK for a target of 457, HDIL for a target of 170, HOTELEELA for a target of 44, INDIAINFO for a target of 84, KPIT for a target of 184, MUNDRAPORT for a target of 158, RANBAXY for a target of 480.

                                                            CHEERS !!!