Calls for March 08, 2010

BAJAJHLDNG-Sell Signal, Support - S1 - 580.33, Resistance - R1 - 599.03, Exp Rng 576.9 - 595.6
GAIL-Buy Signal, Support - S1 - 403.93, Resistance - R1 - 412.33, Exp Rng 405.68 - 414.08
GTL-Buy Signal, Support - S1 - 406.97, Resistance - R1 - 409.37, Exp Rng 407.45 - 409.85
ITC-Sell Signal, Support - S1 - 242.83, Resistance - R1 - 246.83, Exp Rng 241.88 - 245.88
PANTALOONR-Buy Signal, Support - S1 - 393.57, Resistance - R1 - 403.47, Exp Rng 391.45 - 401.35
TATACOMM-Buy Signal, Support - S1 - 292.4, Resistance - R1 - 299.4, Exp Rng 294.3 - 301.3

NIFTY Support at S1 - 5064.95 & S2 - 5041.2 and Resistance at R1 - 5115.55 & R2 - 5142.4. Expected range for next trading day is 5078.38 - 5128.97

Previous day's calls

ABB (Buy) - Up-2.81%, High-824.9, Low-798
AMBUJACEM (Sell) - Up-3.3%, High-109.95, Low-106.2
HCLTECH (Sell) - Down-0.95%, High-367, Low-357
ITC (Buy) - Down-0.53%, High-247, Low-243 (Predicted High-246.53, Low-242.53)
NAGARFERT (Sell) - Down-0.3%, High-33.85, Low-33.15
RCOM (Buy) - Up-0.3%, High-167.4, Low-164.55 (Predicted High-166.98)
SOBHA (Buy) - Up-5.66%, High-281, Low-263.25

5 out of 7 Succeeds

NIFTY ended volatile session marginally up. Currently reversal from Positive territory is 2.11% below its existing levels.

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