Calls for January 22, 2010

BHARATFORG-Sell Signal, Support - S1 - 277.33, Resistance - R1 - 293.48, Exp Rng 274.13 - 290.28
BHEL-Sell Signal, Support - S1 - 2241.63, Resistance - R1 - 2375.83, Exp Rng 2216.38 - 2350.58
ESSAROIL-Sell Signal, Support - S1 - 144.98, Resistance - R1 - 152.43, Exp Rng 143.63 - 151.08
HEROHONDA-Buy Signal, Support - S1 - 1635, Resistance - R1 - 1681.7, Exp Rng 1625.9 - 1672.6
INDIAINFO-Sell Signal, Support - S1 - 130.72, Resistance - R1 - 138.92, Exp Rng 129.15 - 137.35
INFOSYSTCH-Buy Signal, Support - S1 - 2595.23, Resistance - R1 - 2659.93, Exp Rng 2580.25 - 2644.95
LUPIN-Buy Signal, Support - S1 - 1396.97, Resistance - R1 - 1431.72, Exp Rng 1389.8 - 1424.55
NDTV-Sell Signal, Support - S1 - 141.05, Resistance - R1 - 148, Exp Rng 139.68 - 146.63

NIFTY Support at S1 - 5046.28 & S2 - 4998.42 and Resistance at R1 - 5181.18 & R2 - 5268.22. Expected range for next trading day is 5022.35 - 5157.25

Previous day's calls

BHARTIARTL (Buy) - Down-2.89%, High-333, Low-321.2
CANBK (Buy) - Down-1.84%, High-402.9, Low-393.3
ESSAROIL (Buy) - Down-4.22%, High-154.45, Low-147
MARUTI (Buy) - Down-1.12%, High-1480, Low-1440
PARSVNATH (Sell) - Down-1.2%, High-135.7, Low-125.75 (Predicted Low-1439.68)
PETRONET (Sell) - Up-1.83%, High-78.5, Low-74.5 (Predicted High-78.30, Low-74.60)
POLARIS (Sell) - Down-2.69%, High-189.4, Low-179.25
PUNJLLOYD (Sell) - Down-4.98%, High-208.4, Low-197.1
ULTRACEMCO (Sell) - Down-3.52%, High-980, Low-933
ZEEL (Buy) - Down-2.85%, High-279.8, Low-270.2

NIFTY(Sell) - Down-2.44, High-5220.35, Low-5085.45

4 out of 10 Succeeds

Nifty crashed today & wiped out all gains this series. Currently reversal from Negative territory is 2.25% above its existing levels.

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