Calls for February 24, 2010

BANKBARODA-Buy Signal, Support - S1 - 563.57, Resistance - R1 - 581.97, Exp Rng 567.68 - 586.08
BHEL-Buy Signal, Support - S1 - 2345.83, Resistance - R1 - 2398.73, Exp Rng 2355.6 - 2408.5
CAIRN-Sell Signal, Support - S1 - 259.22, Resistance - R1 - 265.67, Exp Rng 258.03 - 264.48
INDUSINDBK-Sell Signal, Support - S1 - 145.6, Resistance - R1 - 153.05, Exp Rng 144.13 - 151.58
ITC-Buy Signal, Support - S1 - 246.72, Resistance - R1 - 250.87, Exp Rng 247.53 - 251.68
MARUTI-Sell Signal, Support - S1 - 1305.97, Resistance - R1 - 1377.27, Exp Rng 1291.08 - 1362.38
MTNL-Sell Signal, Support - S1 - 72, Resistance - R1 - 76.1, Exp Rng 71.28 - 75.38
SAIL-Sell Signal, Support - S1 - 205.67, Resistance - R1 - 210.37, Exp Rng 204.75 - 209.45
SESAGOA-Buy Signal, Support - S1 - 367.65, Resistance - R1 - 383.85, Exp Rng 370.7 - 386.9
TATAMOTORS-Buy Signal, Support - S1 - 692.5, Resistance - R1 - 709.4, Exp Rng 697.35 - 714.25

NIFTY Support at S1 - 4840.77 & S2 - 4811.48 and Resistance at R1 - 4891.72 & R2 - 4913.38. Expected range for next trading day is 4851.6 - 4902.55

Previous day's calls

BAJAJHLDNG (Buy) - Up-3.15%, High-593.9, Low-573
DENABANK (Buy) - Down-2.4%, High-78.95, Low-77.2 (Predicted Low-77.95)
DIVISLAB (Sell) - Down-0.69%, High-589.9, Low-576.2
GESHIP (Sell) - Down-0.2%, High-270.9, Low-265
JPPOWER (Sell) - Down-0.96%, High-67.9, Low-66.75 (Predicted Low-66.30)
NAGARFERT (Sell) - Down-2.07%, High-33.75, Low-32.6
PNB (Buy) - Down-0.23%, High-890, Low-880
SAIL (Buy) - Down-1.24%, High-211.4, Low-206.7
SATYAMCOMP (Sell) - Down-0.21%, High-98.5, Low-96.1

6 Out of 9 succeeds

Nifty ended volatile session higher & hold its buy zone. Currently reversal from Positive territory is 0.31% below its existing levels. One can go short in Nifty if it trades below 4850.

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