Thursday, March 4, 2010

Calls for March 05, 2010

ABB-Buy Signal, Support - S1 - 792.27, Resistance - R1 - 806.22, Exp Rng 795.45 - 809.4
AMBUJACEM-Sell Signal, Support - S1 - 105.1, Resistance - R1 - 106.9, Exp Rng 104.65 - 106.45
HCLTECH-Sell Signal, Support - S1 - 352.53, Resistance - R1 - 378.53, Exp Rng 347.65 - 373.65
ITC-Buy Signal, Support - S1 - 243.7, Resistance - R1 - 247.7, Exp Rng 242.53 - 246.53
NAGARFERT-Sell Signal, Support - S1 - 32.48, Resistance - R1 - 33.98, Exp Rng 32.78 - 34.28
RCOM-Buy Signal, Support - S1 - 161.22, Resistance - R1 - 166.07, Exp Rng 162.13 - 166.98
SOBHA-Buy Signal, Support - S1 - 255.57, Resistance - R1 - 265.22, Exp Rng 257.48 - 267.13

NIFTY Support at S1 - 5053.85 & S2 - 5027.45 and Resistance at R1 - 5101.8 & R2 - 5123.35. Expected range for next trading day is 5040.65 - 5088.6

Previous day's calls

BAJAJHIND (Buy) - Down-1.2%, High-164.8, Low-158.6
GMRINFRA (Buy) - Down-0.51%, High-59, Low-57.6 (Predicted Low-56.78)
GTL (Sell) - Up-0.23%, High-408.9, Low-406.5 (Predicted High 408.65)
LUPIN (Sell) - Up-1.63%, High-1540, Low-1514.9
NTPC (Buy) - Up-0.14%, High-208.35, Low-206.2
ONGC (Sell) - Down-0.61%, High-1109, Low-1090 (Predicted High-1108.55
PANTALOONR (Buy) - Down-1.84%, High-407.5, Low-388.3
PATNI (Buy) - Down-0.18%, High-498, Low-484.1
POLARIS (Sell) - Up-4.21%, High-161.45, Low-153.8 (Predicted Low-153.45)
RELIANCE (Buy) - Down-1.15%, High-1040, Low-1008


2 Out of 10 Succeeds

NIFTY ended volatile session marginally low. Currently reversal from Positive territory is 2.41% below its existing levels.

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