buy if sensex sustain above 16750

Market opened on a positive note and made a high of 5,072. After some range-bound movement till afternoon session, it started its downward journey and gave a negative close.
As per our previous view, we have broken out of an inverted head-and-shoulders pattern, whose neckline is placed at 4,900. From here the market can retrace back up to that neckline and one can expect market to take support at the neckline.
Use support and resistance and play
ScripName----s1----S2-----rS.-------R1-------R2------Position
Nifty------4961---4979---4995---5011-----5040----Go long above R2,Go short below S2.
Adlabs-----701-----705----708----711-------715------Go long above R2,Go short below S2.
Cent. Text--801----806-----809---812-------817------go long above R2,Go short below S2.
DLF---------668----672----675----675-----681---Go long above R2,Go short below S2.
Icici Bank----868----873----876----880----885---Go long above R2,Go short below S2
Infosys16751685169317011712Go long above R2,Go short below S2
J P Asso.243245246247249Go long above R2,Go short below S2.
Reliance25552569258125912610Go long above R2,Go short below S2.
Rel.Cap13601368137313801387Go long above R2,Go short below S2.
SBI6651675169316901700Go long above R2,Go short below S2
Tata Steel768773776780785Go long above R2,Go short below S2.
BUy gammon india SSL 435 tgt 450, 458, 465
TOADY Laxmi machine, GBN also good bet