TODAY'S RECOMMENDATIONS-4 DEC

The market is expected to open on flat to positive note today;traders are advised to assume long position if Nifty sustains above 5850 levels for upside targets of 5900 and 5950 levels. Alternatively, the y can assume long position from lower support of 5800 levels with a final stop loss placed at 5780 levels.

NIFTY(5865)- Resistance-5911,5957 Support-5786,5708

Intraday Recommedations:

Buy IFCI @ 106.80 Sl 105 Tgt 111 (Short term Tgt is 127)

Buy Isapat Industries above 55 Sl 54 Tgt 59

Buy IDBI above 167 Sl 163 Tgt 175

Buy Rcom above 720 Sl 710 Tgt 735-738

F&O Recommendation: (POSITIONAL)

BUY DEC FUT-IDFC ABOVE 220 TARGET 226,229 SL 215

STOCKS TO WATCH:

RNRL, ABB, GARWARE OFFSHORE, JP HYDRO , ADLABS, 3IINFOTEC, ICICI BANK, MIND TREE, RIL, PUNJ LLOYD .