Calls for February 16, 2010

BHARTIARTL-Sell Signal, Support - S1 - 274.33, Resistance - R1 - 306.93, Exp Rng 268.7 - 301.3
ESSAROIL-Sell Signal, Support - S1 - 136, Resistance - R1 - 140.5, Exp Rng 135.13 - 139.63
HINDPETRO-Sell Signal, Support - S1 - 335.37, Resistance - R1 - 343.37, Exp Rng 333.78 - 341.78
IDFC-Buy Signal, Support - S1 - 145.97, Resistance - R1 - 149.97, Exp Rng 146.1 - 150.1
IOC-Sell Signal, Support - S1 - 302.97, Resistance - R1 - 311.22, Exp Rng 301.45 - 309.7
ITC-Buy Signal, Support - S1 - 246.3, Resistance - R1 - 251.2, Exp Rng 247.23 - 252.13
JSWSTEEL-Buy Signal, Support - S1 - 989.47, Resistance - R1 - 1024.17, Exp Rng 995.85 - 1030.55
POLARIS-Buy Signal, Support - S1 - 162.03, Resistance - R1 - 170.08, Exp Rng 163.6 - 171.65
RCOM-Sell Signal, Support - S1 - 161.63, Resistance - R1 - 170.18, Exp Rng 160.05 - 168.6
STER-Sell Signal, Support - S1 - 733.3, Resistance - R1 - 763.3, Exp Rng 727.73 - 757.73

NIFTY Support at S1 - 4775.37 & S2 - 4748.78 and Resistance at R1 - 4837.07 & R2 - 4872.18. Expected range for next trading day is 4762.07 - 4823.77

Previous day's calls

BPCL (Sell) - Down-1.74%, High-566.8, Low-552.05 (Predicted Low-551.98)
HDFCBANK (Buy) - Up-1%, High-1619.7, Low-1582.5
ICICIBANK (Buy) - Down-1.18%, High-832, Low-812.5
NAGARFERT (Buy) - Down-1.15%, High-35, Low-34.05 (Predicted Low-34.08)
NDTV (Buy) - Down-1.87%, High-134, Low-127.5 (Predicted High-134.25, Low-128.35)
PATNI (Sell) - Up-1.31%, High-468.85, Low-458.4
TATATEA (Buy) - Down-0.57%, High-965, Low-947.2
UNITECH (Buy) - Up-0.67%, High-76, Low-73.1 (Predicted High-76.75, Low-73.65)
ZEEL (Sell) - Down-0.61%, High-264.6, Low-259.1 (Predicted Low-259.90)

4 Out of 9 Succeeds

NIFTY slipped from its reversal level & ended volatile session lower. Currently reversal from Negative territory is 0.43% above its existing levels.

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