Thursday, February 15, 2007

15/02/2007 - Chart 1

Dear All Major Support 3992-3980. Major resistance 4265. Trading support 4037-4027-4016. Trading resistance 4066-4104-4142. CMP 4047. Buy Nifty above 4057 with sl 4047 for the target of 4140. regds / SIVA

Wednesday, February 14, 2007

14/02/2007 - Chart - 1

Dear All Clear H&S formation by nifty. Right Shoulder will be completed once nifty breach 3992. Above 4115 is positive to nifty. Below 3992 will be blood bath. Once nifty below 4029 then short nifty for the target of 3956 [one or two days] Support 4023-4006. Resistance 4121-4133-4214. regds / SIVA

Monday, February 12, 2007

13/02/2007 - Chart - 1

Rising wedge has bearish implications. CMP 4058. IF gap down opening Below 4032-4022 Nifty will very bearish towards 3953. Support 4026-4013-3978-3963. Resistance 4070-4152-4198. regds / SIVA

Sunday, February 11, 2007

12/02/2007 - Chart 1

Dear All Bearish Flag formed with a high 4238 and low 4189. Penetrate at 4190. So nifty will reach 4141. Next support at 4138. BUY NIFTY around 4138-4145 with sl 4130. regds / SIVA