Friday, February 23, 2007

23/02/2007 - Chart 1

Dear All Nifty maintain above 50% Fibonacci Retracement [4039]. Support 4039-4019-4002. Resistance 4050-4076-4102-4187. Buy Nifty arround 4019 with sl 4002-3992. regds / SIVA

Thursday, February 22, 2007

22/02/2007 - Chart 1

Dear All CMP 4098. Support 4086-4073-4042. Resistance 4125-4160. Asper the down channel lines nifty will bounce back from 4064-4073. [Pennant pentration, Possible of nifty will reach 3955, so be cautious with your longs]. Below 4050 bears will take the charge. High Volatility expected. regds / SIVA

Wednesday, February 21, 2007

21/02/2007 - Chart 1

Dear All CMP 4106. Support 4094-4068-4041. Resistance 4117-4136-4152-4187. Below 4068 to 4055 will create panic. I hope that nifty will mange above these levels. GAP down opening expected. Dont panic and maintain your long upto 4055. regds / SIVA

Tuesday, February 20, 2007

20/02/2007 - chart 1

Dear All Nifty 4164. Support 4151-4143- 4097. Resistance 4176-4183-4202-4214. Nifty should maintain the level above 4151-4143 to move north. Some choppy trading in the earlier hours expected. Nifty towards our target 4214. regds / SIVA

Sunday, February 18, 2007

19/02/2007 - Chart 1

Dear This break-out with a gap indicate the possibility of a very powerfule upmove and fast. Technically nifty does not fall back to wipe off the gains. Buy NIFTY above 4155 for the target of 4214 with sl 4137. Major support 3988. Major resistance 4412. Trading Support 4125-4102. Trading resistance 4152-4192. Above 4192-4197 then 4214. regds / SIVA