Calls for February 22, 2010

CENTURYTEX-Sell Signal, Support - S1 - 466.05, Resistance - R1 - 486.65, Exp Rng 461.7 - 482.3
FINANTECH-Buy Signal, Support - S1 - 1453.87, Resistance - R1 - 1537.87, Exp Rng 1474.15 - 1558.15
GRASIM-Buy Signal, Support - S1 - 2658, Resistance - R1 - 2711.95, Exp Rng 2646.03 - 2699.98
GTL-Buy Signal, Support - S1 - 406.05, Resistance - R1 - 409.8, Exp Rng 405.1 - 408.85
INDIAINFO-Sell Signal, Support - S1 - 109.83, Resistance - R1 - 115.08, Exp Rng 108.65 - 113.9
JPASSOCIAT-Sell Signal, Support - S1 - 127.53, Resistance - R1 - 133.38, Exp Rng 126.4 - 132.25
JSWSTEEL-Buy Signal, Support - S1 - 1006.37, Resistance - R1 - 1043.72, Exp Rng 998.6 - 1035.95
MARUTI-Buy Signal, Support - S1 - 1343.67, Resistance - R1 - 1389.67, Exp Rng 1353 - 1399
PUNJLLOYD-Sell Signal, Support - S1 - 170.5, Resistance - R1 - 178.05, Exp Rng 169.1 - 176.65
STER-Sell Signal, Support - S1 - 735.05, Resistance - R1 - 759.45, Exp Rng 729.38 - 753.78

NIFTY Support at S1 - 4804.53 & S2 - 4764.17 and Resistance at R1 - 4886.28 & R2 - 4927.67. Expected range for next trading day is 4784.35 - 4866.1


Previous day's calls

ASHOKLEY (Sell) - Down-2.1%, High-49.85, Low-48.25 (Predicted Low-48.45)
BAJAJHIND (Sell) - Down-5.66%, High-172, Low-161.15
DRREDDY (Buy) - Up-1.14%, High-1129.9, Low-1109.2
GMRINFRA (Sell) - Down-1.26%, High-55.95, Low-54.4 (Predicted Low-54.63)
HINDPETRO (Buy) - Up-1.92%, High-358.85, Low-345.1
IDEA (Buy) - Down-2.54%, High-58.7, Low-56.55
NATIONALUM (Buy) - Down-2.49%, High-373, Low-364
NTPC (Buy) - Down-1.85%, High-204.85, Low-198.85
RELINFRA (Sell) - Down-2.56%, High-1030.2, Low-1000
UNITECH (Sell) - Down-1.06%, High-70.5, Low-68.05 (Predicted Low-68.58)

7 Out of 10 Succeeds

NIFTY shown extreme volatility & suddenly dropped to sell zone. Currently reversal from Negative territory is 0.12% above its existing levels. One can remain short in Nifty if it trades below 4850.

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