Closing above 5570-5600 will be considered as a big breakout. For Intraday :Buy Nifty futures above 5510-5515 with stoploss of 5495 and targets of 5535/5550

 
Sock View: Core Projects

 This is a 2 year chart of Core Projects. After the steep fall in Oct 2008 when stock was left to trade @ 1/6th of value it was trading before, since then the stock has been gradually moving up to regain those values. If you see on the charts a clear inverted head and shoulder pattern is visible which has taken more than 6 months to complete. Buy Core Projects only if it sustains above 283-285 with stoploss of 275 on closing basis and targets of 310/325 in short term. For medium term targets of 350/360 in 2-3 months, keep a stoploss of 265 on closing basis.

Have a  nice trading day

Regards

Ankit