Calls for January 21, 2010

BHARTIARTL-Buy Signal, Support - S1 - 324.6, Resistance - R1 - 335.35, Exp Rng 326.53 - 337.28
CANBK-Buy Signal, Support - S1 - 398.1, Resistance - R1 - 405.7, Exp Rng 399.7 - 407.3
ESSAROIL-Buy Signal, Support - S1 - 150.17, Resistance - R1 - 156.77, Exp Rng 151.48 - 158.08
MARUTI-Buy Signal, Support - S1 - 1431.23, Resistance - R1 - 1475.23, Exp Rng 1439.68 - 1483.68
PARSVNATH-Sell Signal, Support - S1 - 125.63, Resistance - R1 - 132.18, Exp Rng 124.13 - 130.68
PETRONET-Sell Signal, Support - S1 - 75.27, Resistance - R1 - 78.97, Exp Rng 74.6 - 78.3
POLARIS-Sell Signal, Support - S1 - 179.7, Resistance - R1 - 198.3, Exp Rng 176.48 - 195.08
PUNJLLOYD-Sell Signal, Support - S1 - 204.7, Resistance - R1 - 215.55, Exp Rng 202.63 - 213.48
ULTRACEMCO-Sell Signal, Support - S1 - 961.07, Resistance - R1 - 1005.22, Exp Rng 952.85 - 997
ZEEL-Buy Signal, Support - S1 - 274.27, Resistance - R1 - 285.82, Exp Rng 276.65 - 288.2

NIFTY Support at S1 - 5196.5 & S2 - 5171.3 and Resistance at R1 - 5251.8 & R2 - 5281.9. Expected range for next trading day is 5183.9 - 5239.2

Previous day's calls

BANKINDIA (Buy) - Up-0.04%, High-396.45, Low-385.65
DRREDDY (Sell) - Up-2.75%, High-1221, Low-1142.25
ESSAROIL (Buy) - Up-1.88%, High-155.4, Low-148.8 (Predicted Low-148.33)
GAIL (Buy) - Down-0.65%, High-433, Low-412
IDFC (Buy) - Down-0.47%, High-162.4, Low-158.15
IVRCLINFRA (Sell) - Down-0.01%, High-378.7, Low-364.6
JPPOWER (Buy) - Down-0.82%, High-80.75, Low-78.05
MOSERBAER (Sell) - Down-0.57%, High-89.9, Low-87.15 (Predicted High-89.95)
PRAJIND (Sell) - Down-4.78%, High-106.95, Low-98.45
SATYAMCOMP (Sell) - Down-0.68%, High-112, Low-106.6 (Predicted Low-106.48)
UNITECH (Sell) - Down-2.93%, High-86.45, Low-82.45 (Predicted High-86.75)

NIFTY(Sell) - Down-0.08, High-5256.70, Low-5201.40 (Predicted High-5256.72)

7 Out of 11 Succeeds

NIFTY VIEWS
Nifty ended one more volatile session negative.
Currently reversal from Negative territory is 0.24% above its existing levels.

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