Thursday, January 28, 2010

Calls for January 29, 2010

BANKBARODA-Buy Signal, Support - S1 - 521.5, Resistance - R1 - 575.35, Exp Rng 530.98 - 584.83
IDEA-Sell Signal, Support - S1 - 57.63, Resistance - R1 - 61.38, Exp Rng 56.7 - 60.45
INDUSINDBK-Buy Signal, Support - S1 - 141.77, Resistance - R1 - 148.22, Exp Rng 143.08 - 149.53
PANTALOONR-Buy Signal, Support - S1 - 413.73, Resistance - R1 - 444.73, Exp Rng 419.8 - 450.8
TITAN-Buy Signal, Support - S1 - 1474.13, Resistance - R1 - 1557.08, Exp Rng 1490.35 - 1573.3
NIFTY Support at S1 - 4818.17 & S2 - 4769.08 and Resistance at R1 - 4923.12 & R2 - 4978.98. Expected range for next trading day is 4846.1 - 4951.05

Previous day's calls

BHARTIARTL (Buy) - Down-2.76%, High-327.85, Low-311 (Predicted High-327.35)
BHEL (Sell) - Up-0.08%, High-2366.1, Low-2327.7
HINDUNILVR (Buy) - Down-1.62%, High-261.75, Low-253.35 (Predicted High-261.18)
LUPIN (Sell) - Down-0.43%, High-1430, Low-1397.65
UNIONBANK (Sell) - Down-2.04%, High-265, Low-252.25

NIfty - High-4929.90, Low-4824.95 (Predicted High-4930.8)

2 Out of 5 Succeeds

NIFTY closed volatile session marginally up. Currently reversal from Negative territory is 3.80% above its existing levels.

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