Reason for long a) Under watchlist and Price alert at 300 to 350 for immediate bounce of 10 to 15% b) First cycle of complete wave completed and 180 is the fair value c) The 505 and 325 levels are very critical, bounce expected from these levels d) A sharp bounce of 10% expected from 505 level with 9% SL in next coming days (one month only) e) Fundas are okay and cash rich organization