Friday, January 29, 2010

Calls for February 01, 2010

BHEL-Buy Signal, Support - S1 - 2334.9, Resistance - R1 - 2446.75, Exp Rng 2355.68 - 2467.53
CANBK-Buy Signal, Support - S1 - 367.15, Resistance - R1 - 406.3, Exp Rng 375.1 - 414.25
EDUCOMP-Sell Signal, Support - S1 - 655.83, Resistance - R1 - 737.43, Exp Rng 672.33 - 753.93
ITC-Sell Signal, Support - S1 - 247.25, Resistance - R1 - 254.9, Exp Rng 245.8 - 253.45
PARSVNATH-Buy Signal, Support - S1 - 119.25, Resistance - R1 - 133.9, Exp Rng 121.85 - 136.5
SIEMENS-Buy Signal, Support - S1 - 606.93, Resistance - R1 - 667.93, Exp Rng 619.43 - 680.43
SUNPHARMA-Sell Signal, Support - S1 - 1420.37, Resistance - R1 - 1525.37, Exp Rng 1446.53 - 1551.53

NIFTY Support at S1 - 4800.8 & S2 - 4719.55 and Resistance at R1 - 4928.5 & R2 - 4974.95. Expected range for next trading day is 4824.03 - 4951.73

Previous day's calls

BANKBARODA (Buy) - Up-3.52%, High-589.9, Low-539
IDEA (Sell) - Down-1.51%, High-60.3, Low-58.05 (Predicted High-60.45)
INDUSINDBK (Buy) - Up-1.58%, High-148.9, Low-139.3 (Predicted High-149.53)
PANTALOONR (Buy) - Down-1.61%, High-431, Low-413
TITAN (Buy) - Down-1.62%, High-1530, Low-1475

3 Out of 5 Succeeds

NIFTY showed tremendous performance post noon & managed to end positive in final hours of session. Currently reversal from Negative territory is 2.85% above its existing levels.

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