Sunday, April 15, 2007

16/04/2007 - Chart 1

Dear All CMP-3917. Trend-Bullish. 200EMA-3675. 50EMA-3839. 13MA-3793. STDL-3888. RTDL-3957. Inverse H&S. Trading Resistance 3931-3957. Trading support 3909-3888. Hourly chart shows some selling pressure or choppy trading in the early hours, if nifty will open with gap up. Nifty's IH&S shows the fresh rally towards 4105. so, Buy NIFTY for the target 4100+ with sl 3888. regds / SIVA

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