After Market Opening Chart Check

Yesterday the Bulls came back strongly and pulled the Nifty to a high of 7623 before closing at 7611 with a spectacular gain of 102 points. It was a gap up opening followed by sustained buying all through  the day.
Nifty seems to have entered into a trading zone between 7450 and 7700 which is evident from its trading patterns since last couple of weeks. Meanwhile, the undertone has become bullish and any dip appears to be a buying opportunity. Today, since the morning, Nifty is clearly is holding, 7600 mark, which could mark the beginning of a pre-budget rally. The investors are suggested to focus on the small and mid cap counter, buy them and keep holding till the budget.
Resistance: 7650 /  7700
Support: 7570 / 7535
Today's call: (i) Buy Dr.Datsons Labs Ltd at Rs.15.50-15.60, for a target of Rs.18-18.50, in the short term. The company is having a board meeting on 5th July, 2014, which is likely to give a positive rub-off on the scrip.
(ii) Buy Marg Ltd at Rs.18.50, T--Rs.24, SL--Rs.16.50. This week, I shall be speaking with the sources, regarding the open offer, at Rs.91.
Birla Shloka Edutech Ltd hit the upper circuits today at Rs.5.34 today and could become only buyer any time from now. The scrip could be moving towards Rs.7-8 in the coming days.
Allied Digital Services Ltd hit the buyer Freeze at Rs.23.10. The scrip was strongly recommended a buy in this blog and report was also placed at SumanSpeaksPlus.
Important:
(i) Those who are holding Gitanjali Gems Ltd (Rs.92.10) should look for a target of Rs.110-112 in the coming days. The government of India, will invariably declare some positives for the battered down Gems and Jewelry Sector.
(ii) IVRCL Ltd (Rs.26.40) could be dark horse after the restructuring gets completed. The company is expected to complete the process by 31st July, 2014.
(iii) If a stock in the same space as Resurgere Mines and Minerals Ltd (Rs.3.17), named SVC Resources Ltd having Face Value of Re.1, can trade at Rs.3, then why can't Resurgere Mines and Minerals Ltd of Face Value of Rs.10, Book Value of Rs.26.49, Market Cap of only Rs.64.04 Cr, having a Soapstone Mine (where mining is going on) and a couple of Bauxite mines trade at least at Rs.20. I think Rs.10 is coming for Resurgere Mines and Minerals Ltd--investors need to buy the share of the company, on every dip, and keep holding, patiently. Also the NSE authorities are requested to increase the circuit limit of the scrip of Resurgere Mines and Minerals Ltd, to make its price at par with the BSE.
(iv) For the short term Shiv Vani Oil and Gas Exploration Ltd (Rs.24) may not show much upward movement, because of the deferment of the Gas price hike. Hence, you can book profits and enter some happening sectors like Infrastructure or Mining...or Shipping....etc. Later you can again enter....however long term investors can keep holding with a SL of Rs.21 (exit)...