Calls for December 22, 2009

BHEL-Sell Signal, Support - S1 - 2262.73, Resistance - R1 - 2330.83, Exp Rng 2246.53 - 2314.63
CIPLA-Sell Signal, Support - S1 - 337.9, Resistance - R1 - 354.65, Exp Rng 334.88 - 351.63
HINDALCO-Sell Signal, Support - S1 - 134.03, Resistance - R1 - 142.48, Exp Rng 132.48 - 140.93
JSL-Sell Signal, Support - S1 - 103.13, Resistance - R1 - 107.83, Exp Rng 102.25 - 106.95
M&M-Sell Signal, Support - S1 - 1000.97, Resistance - R1 - 1048.47, Exp Rng 992.6 - 1040.1
NTPC-Buy Signal, Support - S1 - 206.63, Resistance - R1 - 209.88, Exp Rng 207.33 - 210.58
POLARIS-Buy Signal, Support - S1 - 175.95, Resistance - R1 - 183.25, Exp Rng 177.68 - 184.98
PRAJIND-Buy Signal, Support - S1 - 93.53, Resistance - R1 - 97.73, Exp Rng 94.7 - 98.9
SUZLON-Sell Signal, Support - S1 - 79.78, Resistance - R1 - 82.68, Exp Rng 79.23 - 82.13
ZEEL-Buy Signal, Support - S1 - 254.05, Resistance - R1 - 266.5, Exp Rng 256.4 - 268.85

Previous day's calls

BAJAJHIND (Buy) - Down-1.34%, High-218.8, Low-209.1 (Predicted High-218.33, Low-209.93)
BHARTIARTL (Sell) - Down-2.77%, High-319.85, Low-309.05 (Predicted High-320.83
ESSAROIL (Buy) - Down-4.7%, High-141.2, Low-133.9
GAIL (Sell) - Down-0.31%, High-403.65, Low-393.05 (Predicted Low-393.30)
INDIACEM (Buy) - Up-0.6%, High-119.4, Low-115.8 (Predicted Low-115.35)
JETAIRWAYS (Sell) - Down-1.12%, High-544.8, Low-526 (Predicted High-545.65)
JSWSTEEL (Buy) - Down-1.68%, High-990, Low-956.8
NATIONALUM (Sell) - Down-3.44%, High-385.8, Low-368
SIEMENS (Buy) - Down-0.46%, High-554.85, Low-546.1 (Predicted Low-545.30)
SOBHA (Sell) - Up-4.13%, High-233.2, Low-223

5 Out of 10 Succeeds

Nifty is in sell zone since 15th Dec. One can continue his short position in Nifty The reversal level is 5040 which is around 1.75% higher of the current levels.

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