Calls for February 25, 2010

BEL-Sell Signal, Support - S1 - 1991.3, Resistance - R1 - 2058, Exp Rng 1977.3 - 2044
DIVISLAB-Buy Signal, Support - S1 - 586.53, Resistance - R1 - 623.08, Exp Rng 593.33 - 629.88
GAIL-Sell Signal, Support - S1 - 402.78, Resistance - R1 - 409.73, Exp Rng 404.58 - 411.53
ITC-Sell Signal, Support - S1 - 246.15, Resistance - R1 - 249.8, Exp Rng 245.4 - 249.05
MCDOWELL-N-Buy Signal, Support - S1 - 1310.43, Resistance - R1 - 1354.43, Exp Rng 1318.83 - 1362.83
SUNPHARMA-Sell Signal, Support - S1 - 1509.03, Resistance - R1 - 1558.93, Exp Rng 1499.8 - 1549.7
UNIONBANK-Buy Signal, Support - S1 - 246.5, Resistance - R1 - 253.4, Exp Rng 247.85 - 254.75

NIFTY Support at S1 - 4835.32 & S2 - 4812.03 and Resistance at R1 - 4881.22 & R2 - 4903.83. Expected range for next trading day is 4823.67 - 4869.57

Previous day's calls

BANKBARODA (Buy) - Down-1%, High-577.65, Low-562.1
BHEL (Buy) - Down-1.1%, High-2382, Low-2342.2
CAIRN (Sell) - Down-0.61%, High-262.9, Low-258.2 (Predicted Low-258.03)
INDUSINDBK (Sell) - Up-0.98%, High-151.1, Low-146.3
ITC (Buy) - Down-0.42%, High-250.45, Low-246.8 (Predicted High-151.58)
MARUTI (Sell) - Up-3.68%, High-1388.85, Low-37.65 (Predicted High-251.68)
MTNL (Sell) - Down-2.31%, High-74.75, Low-71.6 (Predicted Low-71.28)
SAIL (Sell) - Up-0.48%, High-209.9, Low-204.5 (Predicted High-209.45, Low-204.75)
SESAGOA (Buy) - Down-0.49%, High-381.9, Low-368.25
TATAMOTORS (Buy) - Down-2.39%, High-698.35, Low-675

2 Out of 10 Succeeds

NIFTY closed volatile session lower & eroded gains.One should initiate long positions if Nifty traded above 4860.

-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-