CALLS FOR 16/11/2009

JINDALSTEEL Buy IF BREAKS 702 TGT710, 715 SL696

BUYING EXPECTED IN ACC IF BREAKS 746

CEUNTURY TEX Buy above 490 SL485 upper targets 500-502

NEYVELI Sell below 150 SL152 lower targets 145, 144, 142

RELIANCE 2100 IS VERY CRUCIAL LEVEL
BUY ABOVE 2100 SL2090 TGT2160
SELL BELOW 2100 SL2120 TGT2050

Nifty Future may be bought in the opening session with SL4990
Above 5050, Nifty Future will face Resistance at 5075 -5100 and 5165.
Level of 5075 could end up as a major hurdle.

Weakness will be if Nifty trades below 4950.
Below that it will find support @ 4900 and there after we can quickly see the levels of 4835.