Meanwhile, my recommended Onmobile Global Ltd is also moving up---in the morning trade it touched Rs.43.50.
By Nifty_Futures at 5613--5614, T--5670, SL--5590. I think the present condition looks bullish for Nifty.
Buy Reliance Power Ltd at Rs.90-91, T--Rs.97--100, SL--Rs.86. The ministry of power has clarified that the company's ultra mega power project in Tilaiya enjoys exemption from a key provision of the Forest Act requiring it to provide non-forest land to compensate for the loss of forest land acquired for the project. This is a great relief for the company and the scrip should react positively.