Calls for February 26, 2010

AMBUJACEM-Buy Signal, Support - S1 - 103.93, Resistance - R1 - 106.78, Exp Rng 104.48 - 107.33
BHEL-Buy Signal, Support - S1 - 2340.53, Resistance - R1 - 2401.03, Exp Rng 2352.35 - 2412.85
BPCL-Sell Signal, Support - S1 - 557.67, Resistance - R1 - 580.57, Exp Rng 553.03 - 575.93
EDUCOMP-Sell Signal, Support - S1 - 666.77, Resistance - R1 - 693.17, Exp Rng 661.38 - 687.78
FINANTECH-Sell Signal, Support - S1 - 1449.5, Resistance - R1 - 1502.3, Exp Rng 1439.2 - 1492
HEROHONDA-Buy Signal, Support - S1 - 1658.07, Resistance - R1 - 1727.72, Exp Rng 1671.8 - 1741.45
HINDUNILVR-Sell Signal, Support - S1 - 230.92, Resistance - R1 - 241.22, Exp Rng 228.78 - 239.08
NTPC-Sell Signal, Support - S1 - 198.03, Resistance - R1 - 203.53, Exp Rng 197 - 202.5
SAIL-Buy Signal, Support - S1 - 208.43, Resistance - R1 - 214.93, Exp Rng 209.7 - 216.2
TATAPOWER-Buy Signal, Support - S1 - 1242.4, Resistance - R1 - 1284.15, Exp Rng 1249.8 - 1291.55

NIFTY Support at S1 - 4836.85 & S2 - 4813.95 and Resistance at R1 - 4881.4 & R2 - 4903.05. Expected range for next trading day is 4847.68 - 4892.23

Previous day's calls

BEL (Sell) - Down-0.95%, High-2029.65, Low-1980
DIVISLAB (Buy) - Down-0.9%, High-614.9, Low-599
GAIL (Sell) - Down-0.78%, High-406.15, Low-396.75
ITC (Sell) - NO CHANGE, High-249.5, Low-245.1 (Predicted High-249.05, Low-245.40)
MCDOWELL-N (Buy) - Down-2.06%, High-1354.85, Low-1302.5
SUNPHARMA (Sell) - Down-0.16%, High-1545, Low-1505
UNIONBANK (Buy) - Down-0.64%, High-255.1, Low-245.85 (Predicted High-254.75)

3 Out of 7 Succeeds (1 No Change)

NIFTY ended volatile session marginally up. One can go long in Nifty if it trades above 4870

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