Calls for February 08, 2010

ASHOKLEY-Sell Signal, Support - S1 - 49.8, Resistance - R1 - 50.95, Exp Rng 49.58 - 50.73
BANKBARODA-Buy Signal, Support - S1 - 546.03, Resistance - R1 - 572.68, Exp Rng 552.48 - 579.13
DRREDDY-Buy Signal, Support - S1 - 1124.33, Resistance - R1 - 1167.33, Exp Rng 1132.75 - 1175.75
HEROHONDA-Buy Signal, Support - S1 - 1540.2, Resistance - R1 - 1613.05, Exp Rng 1554.03 - 1626.88
INDIACEM-Sell Signal, Support - S1 - 110.47, Resistance - R1 - 113.52, Exp Rng 109.7 - 112.75
ITC-Buy Signal, Support - S1 - 245.8, Resistance - R1 - 252.1, Exp Rng 244.53 - 250.83
ONGC-Sell Signal, Support - S1 - 1070.17, Resistance - R1 - 1116.07, Exp Rng 1061.43 - 1107.33
SIEMENS-Sell Signal, Support - S1 - 609.23, Resistance - R1 - 635.98, Exp Rng 603.05 - 629.8

NIFTY Support at S1 - 4665 & S2 - 4611.35 and Resistance at R1 - 4799.65 & R2 - 4880.65. Expected range for next trading day is 4638.17 - 4772.82


NIFTY tanked today & recorded lowerst closing in last 3 months.Currently reversal from Negative territory is 3.85% above its existing levels.

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