Tuesday, September 05, 2006

05/9/06 Chart - 1

Dear All, First arrow indicate some weakness in nifty [lower top created]. Negative divergence in indicators. All the international market in Red. Continuous uptrend in previous week. So, profit booking not ruled out. Sell nifty. CMP-3476.85. Support 3470-3466-3450. 3450 is a major support level once if cracked then 3440. Resistance at 3480-3495-3507. regds / SIVA

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