Calls for December 18, 2009

ARVIND-Buy Signal, Support - S1 - 36.58, Resistance - R1 - 38.58, Exp Rng 36.98 - 38.98
INDIACEM-Sell Signal, Support - S1 - 113.77, Resistance - R1 - 117.02, Exp Rng 113.05 - 116.3
JSL-Buy Signal, Support - S1 - 106.22, Resistance - R1 - 114.47, Exp Rng 108.58 - 116.83
LT-Sell Signal, Support - S1 - 1643.27, Resistance - R1 - 1681.27, Exp Rng 1634.95 - 1672.95
ONGC-Buy Signal, Support - S1 - 1182.47, Resistance - R1 - 1216.37, Exp Rng 1190.33 - 1224.23
PANTALOONR-Buy Signal, Support - S1 - 357.3, Resistance - R1 - 388.65, Exp Rng 363.35 - 394.7
PETRONET-Sell Signal, Support - S1 - 70.65, Resistance - R1 - 72.9, Exp Rng 70.23 - 72.48
SUZLON-Buy Signal, Support - S1 - 81.07, Resistance - R1 - 84.27, Exp Rng 81.75 - 84.95
ZEEL-Buy Signal, Support - S1 - 250.55, Resistance - R1 - 266, Exp Rng 253.38 - 268.83

Previous day's calls

BHARTIARTL (Buy) - Down-0.46%, High-329.1, Low-300
BPCL (Sell) - Down-2.05%, High-611, Low-595.2
DIVISLAB (Buy) - Down-1.09%, High-666.9, Low-652
DLF (Sell) - Down-4.15%, High-379.5, Low-360.15
IOC (Sell) - Down-1.03%, High-310.2, Low-301.1
M&M (Buy) - Up-0.8%, High-1062, Low-1040.55
ONGC (Sell) - Up-1.09%, High-1213.9, Low-1180
POLARIS (Buy) - Up-1.72%, High-184.4, Low-179.1 (Predicted High-185.30)
SATYAMCOMP (Sell) - Down-0.85%, High-101.9, Low-98.5 (Predicted High-102.98)
TATAMOTORS (Buy) - Up-0.46%, High-717.9, Low-703.85

7 Out of 10 Succeeds

Nifty struggled a lot to remain positive but ended flat. The reversal value is slightly relaxed to 5075 Which is roughly 0.65% above its current level.

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