Nifty is oversold and more oversold are stocks..plenty of the stocks r highly under valued at current levels.
Do not go positionally long for much higher levels. NIFTY MAY SLIDE TO 4685/4690.Try to buy near this. If wants to go long from here, keep this level as strict SL for ur long positions. On the upsyd, if 5070-5095 is crossed and sustained significantly, only then upsyd trend will b confirmed, and if not, then 4690 is almost sure to come.
Best Buy:- HDFC BANK/HDIL/HDIL/ABAN/YESBANK/EDUCOMP/JSPL/BATAINDIA/SESAGOA/TCS/RCAP/JSWSTEEL
Avoid(For going Long):-IBREALEST/SUNPHARMA/RANBAXY/CIPLA/M&M/ABB/BHARTIARTL/CENTURY TEXTILE.
Best Buy:- HDFC BANK/HDIL/HDIL/ABAN/YESBANK/EDUCOMP/JSPL/BATAINDIA/SESAGOA/TCS/RCAP/JSWSTEEL