Calls for December 16, 2009

BHARATFORG-Sell Signal, Support - S1 - 255.07, Resistance - R1 - 271.97, Exp Rng 251.85 - 268.75
DENABANK-Sell Signal, Support - S1 - 80.52, Resistance - R1 - 85.87, Exp Rng 79.5 - 84.85
DRREDDY-Buy Signal, Support - S1 - 1111.28, Resistance - R1 - 1135.03, Exp Rng 1116.9 - 1140.65
GAIL-Sell Signal, Support - S1 - 390.53, Resistance - R1 - 415.83, Exp Rng 385.78 - 411.08
HINDPETRO-Buy Signal, Support - S1 - 380.97, Resistance - R1 - 396.47, Exp Rng 378.13 - 393.63
JETAIRWAYS-Buy Signal, Support - S1 - 539.63, Resistance - R1 - 567.98, Exp Rng 534.3 - 562.65
NAGARFERT-Sell Signal, Support - S1 - 31.32, Resistance - R1 - 33.22, Exp Rng 30.95 - 32.85
PATNI-Buy Signal, Support - S1 - 459.2, Resistance - R1 - 466.75, Exp Rng 461.1 - 468.65
PRAJIND-Sell Signal, Support - S1 - 88.72, Resistance - R1 - 94.67, Exp Rng 87.55 - 93.5
RCOM-Sell Signal, Support - S1 - 170.95, Resistance - R1 - 180.2, Exp Rng 169.28 - 178.53
SUZLON-Sell Signal, Support - S1 - 77.77, Resistance - R1 - 82.32, Exp Rng 76.9 - 81.45
TATATEA-Buy Signal, Support - S1 - 915.87, Resistance - R1 - 941.02, Exp Rng 911.18 - 936.33

Previous day's calls

BANKINDIA (Sell) - Down-1.7%, High-379.9, Low-373
CENTURYTEX (Buy) - Down-1.79%, High-507, Low-486 (Predicted High-507.63)
HEROHONDA (Buy) - Down-1.04%, High-1697.85, Low-1652.5
HINDALCO (Sell) - Up-0.43%, High-143.75, Low-140.3
IDBI (Sell) - Down-4.19%, High-129.9, Low-123.45
M&M (Buy) - Down-2.3%, High-1068.9, Low-1008
MCDOWELL-N (Sell) - Down-5.59%, High-1333.9, Low-1245.1
SESAGOA (Sell) - Up-0.32%, High-373.65, Low-365 (Predicted High-373.63)
SOBHA (Buy) - Down-1.53%, High-236.65, Low-228 (Predicted Low-228.83)
TTML (Sell) - Down-1.69%, High-27, Low-26.1 (Predicted High-27.13, Low-26.13)
ZEEL (Buy) - Down-4.11%, High-264.6, Low-251.25

4 Out of 11 Succeeds

As predicted Nifty failed to sustain 5100 levels & entered in sell zone. Currently Nifty continues to be in sell zone unless it trades above 5091 levels i.e. 1.14% higher to current levels.


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