We see nifty  opening down by 20-25 points from the last closing. We do not see that nifty will  breach 6265 in the normal circumstances. Our bias is overtly bullish  & on any small positive news it should catch fire for 6485 & then 6630 by week end. All prices are for cash nifty.

(1)BUY TATASTEEL  ON DECLINE  TO 635  WITH THE STOP OF 625 FOR THE TARGET OF 665 & HIGHER.

(2)BUY ADANI POWER ON CROSS ABOVE OF 143 WITH THE STOP OF 140 FOR THE TARGET OF 150 OR ABOVE.

(3)BUY SYNDICATE BANK ON CROSS OVER OF 151 WITH THE STOP OF 146 FOR THE TARGET OF 170 & ABOVE.