Calls for December 21, 2009

BAJAJHIND-Buy Signal, Support - S1 - 207.93, Resistance - R1 - 216.33, Exp Rng 209.93 - 218.33
BHARTIARTL-Sell Signal, Support - S1 - 314.47, Resistance - R1 - 322.52, Exp Rng 312.78 - 320.83
ESSAROIL-Buy Signal, Support - S1 - 135.07, Resistance - R1 - 144.22, Exp Rng 136.9 - 146.05
GAIL-Sell Signal, Support - S1 - 396.03, Resistance - R1 - 410.98, Exp Rng 393.3 - 408.25
INDIACEM-Buy Signal, Support - S1 - 114.8, Resistance - R1 - 117.3, Exp Rng 115.35 - 117.85
JETAIRWAYS-Sell Signal, Support - S1 - 524.3, Resistance - R1 - 550.5, Exp Rng 519.45 - 545.65
JSWSTEEL-Buy Signal, Support - S1 - 968.63, Resistance - R1 - 990.53, Exp Rng 964.1 - 986
NATIONALUM-Sell Signal, Support - S1 - 376.67, Resistance - R1 - 390.42, Exp Rng 374.1 - 387.85
SIEMENS-Buy Signal, Support - S1 - 548.05, Resistance - R1 - 561, Exp Rng 545.3 - 558.25
SOBHA-Sell Signal, Support - S1 - 217.68, Resistance - R1 - 230.98, Exp Rng 215.1 - 228.4

Previous day's calls

ARVIND (Buy) - Up-1.46%, High-39.2, Low-37.55
INDIACEM (Sell) - Down-1.22%, High-117, Low-114.5
JSL (Buy) - Down-0.91%, High-110.7, Low-108
LT (Sell) - Down-0.84%, High-1664, Low-1643
ONGC (Buy) - Down-1.3%, High-1206, Low-1180.1
PANTALOONR (Buy) - Down-3.09%, High-378.9, Low-361.2
PETRONET (Sell) - Down-0.56%, High-72.3, Low-70.5 (Predicted High-72.48, Low-70.23)
SUZLON (Buy) - Down-0.24%, High-84.4, Low-81.1 (Predicted High-84.95, Low-81.75)
ZEEL (Buy) - Down-3.28%, High-260, Low-249.1

3 Out of 9 succeeds

As expected Nifty drifted down to sell zone. One can expect Nifty to remain lower / in Sell zone unless it breaches 5060 levels which is 1.42% above its current level.
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