Calls for December 30, 2009

BALRAMCHIN-Buy Signal, Support - S1 - 130.35, Resistance - R1 - 134.75, Exp Rng 131.23 - 135.63
DLF-Sell Signal, Support - S1 - 360.27, Resistance - R1 - 371.57, Exp Rng 358.18 - 369.48
DRREDDY-Sell Signal, Support - S1 - 1122.13, Resistance - R1 - 1184.83, Exp Rng 1110 - 1172.7
GLAXO-Sell Signal, Support - S1 - 1565.07, Resistance - R1 - 1648.97, Exp Rng 1550.35 - 1634.25
NDTV-Buy Signal, Support - S1 - 142.75, Resistance - R1 - 147.7, Exp Rng 143.9 - 148.85
SATYAMCOMP-Buy Signal, Support - S1 - 98.87, Resistance - R1 - 101.02, Exp Rng 99.48 - 101.63

Previous day's calls

BANKINDIA (Buy) - Up-1.61%, High-386.7, Low-378.9
CIPLA (Sell) - Down-3.47%, High-348.8, Low-327.3 (Predicted High-348.80)
GLAXO (Buy) - Down-3.38%, High-1674, Low-1590.1
GMRINFRA (Sell) - NO CHANGE, High-68.5, Low-67.1 (Predicted High-68.13)
INDIAINFO (Sell) - Down-0.04%, High-131.7, Low-129.1 9Predicted High-131.40)
JETAIRWAYS (Buy) - Up-0.6%, High-565.95, Low-552.1
MARUTI (Sell) - Up-0.07%, High-1577, Low-1558.9 (Predicted Low-1558.53)
MCDOWELL-N (Buy) - Down-0.54%, High-1308.8, Low-1275.1
ONGC (Buy) - Down-1.37%, High-1204.95, Low-1175
TATACOMM (Sell) - Down-0.95%, High-347.9, Low-340.1

5 Out of 9 Succeeds (1 NO CHANGE)

Nifty remained positive for 3 days in a Row. Reversal from positive territory is currently 1.80% below its existing levels

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