Friday, December 29, 2006

29/12/2006 Chart - 1

Dear All Nifty on support line maximum downfall is 3955. Below that 3914 possible. In bullish market don't short and trap. So, Buy nifty arround 3950-3955 with sl 3943. if nifty breach below 3950 first target is 3914. Major support 3955-3948. Major resistance 3991. FII sell the index future and buy in stocks. So, Be careful if u decide to go for short. regds / SIVA

Thursday, December 28, 2006

28/12/2006 Chart - 1

Dear All Nifty remain positive. Some sideways movement expected. BUY nifty ABOVE 3983 for the target of 4013. Profit booking is not rulled out there. book profit if opening is there. Major support 3954. RMajor resistance 4092. Support 3954-3932. Resistance 3983-3988-4013.-4043. regds / SIVA

Wednesday, December 27, 2006

27/12/2006 Chart - 1

Dear All Yesterday we achieved the exact target of 3943. Yesterday's Beakout in nifty will reflect the price increase. Today Major Support 3925. Major Resistance 3976. BUY NIFTY above 3950 for the target of 3976. Support 3925-3889. Resistance 3976-4013. Volume was lower yesterday and day by day in nifty. so, be ready for one more correction. regds / SIVA

Tuesday, December 26, 2006

26/12/2006 Chart - 1

Dear All NIFTY in Bullish trend. BUY Nifty arround 3860. Resistance 3889-3895-3943. Support 3860-3848-3809. Some breakout in nifty chart arround 3860 will lead the nifty towards 3943. Nifty will be push up bank,IT and infrastructure sectors. Major support 3860, Major Resistance 3976. regds / SIVA