Tuesday, March 20, 2007

20/03/2007 - Chart 1

Dear All CMP 3678, EMA200-3652. Again [as 13th] downward channel breakout. As per technical High-3662, Low-3574 [Difference 88] and Penetrate at 3640, So, minimum target of 3728-3735. Support 3664-3639-3621-3604. Resistance 3694-3719-3735. Major support 3576. Major resistance 3808. [Turn to negative if below 3631, Turn to Positive if above 3808.] [Pivot-3655, Support-3626-3574-3546, Resistance-3707-3775-3787] [FIB 2595(100%)-2948-3225-3240-3615-3855-4245(0%)] DONT SHORT, BUY NIFTY above 3687 for 3714, if nifty maintain above 3735 for 10 to 15 minutes then hold your longs for the target of 3800+[positional]. regds / SIVA

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