CALLS FOR 22/10/2009

RELIANCE BUY ABOVE 2150 SL2120 TGT2200,2230

STATE BANK Sell below 2380 SL2405 lower targets 2340, 2330-20.

IND SWIFT LAB Buy around 72, SL70, upper side hurdle at 75 ........... there after real fire works

ICSA Buy IF BREAKS 225 TGT228.50, 230 SL222

SELLING EXPECTED IN BIOCON IF BREAKS 267.50

NIFTY FUTURE
If market takes support in 5025-5050 region, one can consider going long above 5065 with days low as Stop Loss.
On higher side 5100 and 5150 will act as resistance levels.
SELL NIFTY FUTURE below 5000 with 5040 as Stop Loss
On downside 4950 and 4900 will act as supports