Some emerging waves… and some already emerged

Go play with strict Stop Loss levels… TATA POWER can be played intraday as well…
RELIANCE COMMUNICATION - BUY 78 , STOP 73 , Target 93 - Duration 45 days
RELIANCE INFRA - BUY 530 , STOP 515 , Target 605, 620  - Duration 15-20 days
BHARTI AIRTEL - BUY above 305 , STOP 280 , Target 375, 400, 425, 440 - Duration 90 days
TATA MOTORS - SELL 310 , STOP 325 , Target 255 - Duration 15-20 days
TATA POWER - SELL 102 , STOP 109 , Target 90 - Duration 2-4 days (could be Intraday as well)
TATA STEEL - SELL 463 , STOP 481 , Target 415 - Duration 15-20 days

Buy Nifty @ 5350 , Stop @ 5250 , Target @ 5600–5700, Duration: 2 Weeks