This week market was trading in a tight range and today it had a breakout and to my mind this was purely budget expectation rally.However I still expect the gap would be filled in near future may be after budget announcement.So, here I give speculation calls.

FREE TIPS

Only if market moves upwards trade these stocks.

SPECULATION CALLS

RELIANCE

Technically in the price chart 18/05/09 gap has been filled so if market moves upward we can buy this scrip above 2041 for a target 2250 in come week.

SUP: 1952 RES: 2143, 2178

SBIN

For past 12 trading session this scrip has resisted at 1764 levels and learned that some banks are merging with SBIN so I feel we can buy this stock for a target of 1900 levels come week, but strictly above 1764levels.

SUP: 1700 RES: 1763, 1817

LT

Technically in the price chart a breakout pattern is formed for next week I feel we can buy this scrip for a target of 1800 levels but strictly above 1630 levels.

SUP: 1581 RES: 1630

BHEL

Technically in the price chart a continuation pattern is formed so we can buy this scrip for a target of 2350 levels for next week.

SUP: 2179 RES:2246, 2287

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