MARKET FACE some selling pressure near the upper channel line around 5,250-5,300

Dowjones -37, Nasdaq+2
Nifty on upside may face some selling pressure near the upper channel line around 5,250-5,300 near ourtargets. The market breadth was strongly dominated by bulls.
Grasim Sell Below 2500 tgt 2450,2420,2402
Tata Comm Buy above 507 tgt 515,520 Sell below 500 tgt 490,480
Tvs motors SSL 38 tgt 40,42
Delivery Call Gujarat Flurochem tgt 300 sl 194
ScripName---S1----S2-----RS.----R1----R2----Position
Nifty-------5150--5194--5217--5237--5280--Go long above R2,Go short below S2.
Adlabs------752----759---766---772---779---Go long above R2,Go short below S2.
Cent. Text--843----850---857---863--870---Go long above R2,Go short below S2.
DLF--------712-----719----726---733--740---Go long above R2,Go short below S2.
Icici Bank--886----894----901----907---918--Go long above R2,Go short below S2
Infosys----1723---1738---1751----1764---1778--Go long above R2,Go short below S2
J P Asso.---261----264---266-------269----272--Go long above R2,Go short below S2.
Reliance---2615---2638---2653--2672--2695---Go long above R2,Go short below S2.
Rel.Cap----1480--1493---1506--1518--1532--Go long above R2,Go short below S2.
SBI--------1770--1783--1794--1806--1820---Go long above R2,Go short below S2
Tata Steel---795---802---809---815---822--Go long above R2,Go short below S2.