Calls for December 17, 2009

BHARTIARTL-Buy Signal, Support - S1 - 318.9, Resistance - R1 - 329.8, Exp Rng 321.05 - 331.95
BPCL-Sell Signal, Support - S1 - 602.3, Resistance - R1 - 617.85, Exp Rng 598.7 - 614.25
DIVISLAB-Buy Signal, Support - S1 - 649.3, Resistance - R1 - 672.3, Exp Rng 653.73 - 676.73
DLF-Sell Signal, Support - S1 - 375.07, Resistance - R1 - 383.87, Exp Rng 377.28 - 386.08
IOC-Sell Signal, Support - S1 - 306.83, Resistance - R1 - 315.78, Exp Rng 305.15 - 314.1
M&M-Buy Signal, Support - S1 - 1020.8, Resistance - R1 - 1063.7, Exp Rng 1029.33 - 1072.23
ONGC-Sell Signal, Support - S1 - 1181.02, Resistance - R1 - 1197.02, Exp Rng 1177.03 - 1193.03
POLARIS-Buy Signal, Support - S1 - 173.65, Resistance - R1 - 183.5, Exp Rng 175.45 - 185.3
SATYAMCOMP-Sell Signal, Support - S1 - 97.63, Resistance - R1 - 104.13, Exp Rng 96.48 - 102.98
TATAMOTORS-Buy Signal, Support - S1 - 691.72, Resistance - R1 - 720.17, Exp Rng 697.03 - 725.48

Previous day's calls
BHARATFORG (Sell) - Up-1.85%, High-267.8, Low-254 (Predicted High-267.80)
DENABANK (Sell) - Up-0.3%, High-84.6, Low-80.4 (Predicted High-84.85)
DRREDDY (Buy) - Up-1.44%, High-1153.95, Low-1128
GAIL (Sell) - Up-2.61%, High-411.7, Low-397.5 (Predicted High-411.08)
HINDPETRO (Buy) - Down-1.58%, High-390.6, Low-377.45 (Predicted Low-378.13)
JETAIRWAYS (Buy) - Up-0.84%, High-572.9, Low-551
NAGARFERT (Sell) - Up-0.78%, High-32.65, Low-31.55 (Predicted High-32.85)
PATNI (Buy) - Up-0.94%, High-472.2, Low-461.3 (Predicted Low-461.10)
PRAJIND (Sell) - Up-6.53%, High-97.2, Low-89.85
RCOM (Sell) - Up-0.66%, High-176.8, Low-173
SUZLON (Sell) - Up-2.52%, High-81.65, Low-77.6 (Predicted High-81.45)
TATATEA (Buy) - Up-1.16%, High-999, Low-920

4 Out of 12 Succeeds

Although Nifty managed to close positive today but still is in Sell zone. One can expect reversal above 5080 levels Which is roughly 0.80% above its current level.

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