Calls for December 29, 2009

BANKINDIA-Buy Signal, Support - S1 - 370.87, Resistance - R1 - 385.07, Exp Rng 374.33 - 388.53
CIPLA-Sell Signal, Support - S1 - 342.67, Resistance - R1 - 350.32, Exp Rng 341.15 - 348.8
GLAXO-Buy Signal, Support - S1 - 1605.23, Resistance - R1 - 1671.23, Exp Rng 1617.93 - 1683.93
GMRINFRA-Sell Signal, Support - S1 - 66.48, Resistance - R1 - 68.53, Exp Rng 66.08 - 68.13
INDIAINFO-Sell Signal, Support - S1 - 126.3, Resistance - R1 - 133.15, Exp Rng 124.55 - 131.4
JETAIRWAYS-Buy Signal, Support - S1 - 542.27, Resistance - R1 - 567.27, Exp Rng 548.33 - 573.33
MARUTI-Sell Signal, Support - S1 - 1553.37, Resistance - R1 - 1576.27, Exp Rng 1558.53 - 1581.43
MCDOWELL-N-Buy Signal, Support - S1 - 1276.57, Resistance - R1 - 1313.57, Exp Rng 1285.43 - 1322.43
ONGC-Buy Signal, Support - S1 - 1183.78, Resistance - R1 - 1206.28, Exp Rng 1188.2 - 1210.7
TATACOMM-Sell Signal, Support - S1 - 342.87, Resistance - R1 - 348.67, Exp Rng 344.4 - 350.2

Previous day's calls

CENTURYTEX (Buy) - Up-0.8%, High-510, Low-496.55
ICICIBANK (Buy) - Up-0.28%, High-871.9, Low-855
IDFC (Sell) - Up-0.38%, High-158.45, Low-156.2 (Predicted High-158.45)
IOC (Sell) - Down-0.6%, High-313.5, Low-306.8 (Predicted High-314.20, Low-307.40)
NAGARFERT (Sell) - Up-0.93%, High-32.9, Low-32.45 (Predicted High-32.95, Low-32.05)
NATIONALUM (Buy) - Down-0.75%, High-400.95, Low-389 (Predicted High-401.05)
PFC (Sell) - Up-1.16%, High-259.9, Low-242.1
RELINFRA (Buy) - Up-2.55%, High-1109.9, Low-1070.35
SIEMENS (Buy) - Up-1.42%, High-582.8, Low-567.15

5 Out of 9 Succeeds

Late afternoon rally kept Nifty positive. Maket closed in green for 3 days in a row. Reversal from positive territory is currently 2.00% below its existing levels

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