Calls for February 10, 2010

AMBUJACEM-Buy Signal, Support - S1 - 100.97, Resistance - R1 - 105.92, Exp Rng 101.85 - 106.8
ESSAROIL-Sell Signal, Support - S1 - 137.42, Resistance - R1 - 141.37, Exp Rng 136.53 - 140.48
GRASIM-Buy Signal, Support - S1 - 2582.57, Resistance - R1 - 2736.72, Exp Rng 2611.65 - 2765.8
HEROHONDA-Buy Signal, Support - S1 - 1578.07, Resistance - R1 - 1641.77, Exp Rng 1589.8 - 1653.5
INDIACEM-Buy Signal, Support - S1 - 113.43, Resistance - R1 - 118.53, Exp Rng 114.33 - 119.43
ONGC-Sell Signal, Support - S1 - 1095.62, Resistance - R1 - 1122.87, Exp Rng 1090.3 - 1117.55
PATNI-Buy Signal, Support - S1 - 462.77, Resistance - R1 - 505.57, Exp Rng 470.78 - 513.58
SESAGOA-Sell Signal, Support - S1 - 353.9, Resistance - R1 - 365.4, Exp Rng 350.65 - 362.15
SIEMENS-Sell Signal, Support - S1 - 629.43, Resistance - R1 - 643.53, Exp Rng 632.58 - 646.68
UNIONBANK-Sell Signal, Support - S1 - 245.9, Resistance - R1 - 256.25, Exp Rng 248.18 - 258.53

NIFTY Support at S1 - 4751.2 & S2 - 4709.75 and Resistance at R1 - 4822.25 & R2 - 4851.85. Expected range for next trading day is 4766 - 4837.05

Previous day's calls

BAJAJHLDNG (Buy) - Down-2.41%, High-588.4, Low-563.1
BEL (Sell) - Down-0.44%, High-1966.9, Low-1936
GLAXO (Sell) - Up-0.71%, High-1549.5, Low-1514.65
IFCI (Buy) - Down-0.97%, High-51.7, Low-50.55
INDUSINDBK (Sell) - Up-2.46%, High-152.8, Low-145.75
IOC (Sell) - Up-0.32%, High-312, Low-307.05
NAGARFERT (Buy) - No Change, High-36.2, Low-35
PNB (Buy) - Up-0.7%, High-892, Low-870
SUNPHARMA (Buy) - Up-1.93%, High-1551, Low-1495

3 Out of 8 succeeds (1 No change)

NIFTY edged higher & closed positive for three days in a row. Currently reversal from Negative territory is 1.04% above its existing levels.

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