Calls for March 03, 2010

BHEL-Buy Signal, Support - S1 - 2376.1, Resistance - R1 - 2465, Exp Rng 2394.55 - 2483.45
DLF-Sell Signal, Support - S1 - 286.23, Resistance - R1 - 299.23, Exp Rng 283.23 - 296.23
FINANTECH-Buy Signal, Support - S1 - 1504.3, Resistance - R1 - 1573.8, Exp Rng 1518.1 - 1587.6
JETAIRWAYS-Buy Signal, Support - S1 - 418.13, Resistance - R1 - 496.53, Exp Rng 434.45 - 512.85
JPASSOCIAT-Buy Signal, Support - S1 - 134.5, Resistance - R1 - 138.85, Exp Rng 135.38 - 139.73
NDTV-Sell Signal, Support - S1 - 126.33, Resistance - R1 - 128.83, Exp Rng 126.88 - 129.38
NTPC-Sell Signal, Support - S1 - 201.67, Resistance - R1 - 204.42, Exp Rng 201.13 - 203.88
RELINFRA-Sell Signal, Support - S1 - 972.17, Resistance - R1 - 1021.67, Exp Rng 960.88 - 1010.38
TTML-Sell Signal, Support - S1 - 23.3, Resistance - R1 - 24, Exp Rng 23.43 - 24.13
ZEEL-Buy Signal, Support - S1 - 254.13, Resistance - R1 - 274.43, Exp Rng 258.05 - 278.35

NIFTY Support at S1 - 4958.42 & S2 - 4899.83 and Resistance at R1 - 5052.52 & R2 - 5088.03. Expected range for next trading day is 4976.18 - 5070.27

Previous day's calls

ABB (Sell) - Down-1.25%, High-805, Low-775
BHEL (Sell) - Up-3.64%, High-2449.9, Low-2361
CENTURYTEX (Sell) - Up-2.99%, High-492.9, Low-475.2
DENABANK (Buy) - Up-3.97%, High-84, Low-81.6
IFCI (Buy) - Up-1.55%, High-56, Low-51.7
NATIONALUM (Buy) - Up-1.29%, High-393.9, Low-386.35
NTPC (Sell) - Down-0.15%, High-205, Low-202.25
RELCAPITAL (Buy) - Up-0.11%, High-837, Low-778.4
STER (Buy) - Up-2.6%, High-815.95, Low-792
TATAPOWER (Sell) - Up-5.54%, High-1385, Low-1196.3

7 out of 10 Succeeds

NIFTY opened higher & ended with stunning gains of around 2%. Currently reversal from Positive territory is 2.42% below its existing levels.

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