Saturday, March 17, 2007

19/03/2007 - Chart 1

Dear All CMP-3608 [CMP is BELOW 200 EMA-3652, If below 3531 is -ve, only hope is nifty above 233 bar MA-3567 and if move above 3660], Internal dotted trendline break indicates some up move upto 3645 is possible. Major resistance 3685. Then 3732. Major support 3527-3531. Trading support 3521-3564-3570-3586. Trading resistance 3617-3636-3651-3676-3685. Nifty's First target is 3436 within a week. [Pivot-3622, Resistance-3670-3731-3779, Support-3560-3512-3450], [FIB 4245(100%)-3855-3615-3420(50%), if 2595 (0%)] regds / SIVA

Thursday, March 15, 2007

16/03/2007 - Chart 1

Dear All CMP-3643. Major Resistance 3694. Major Support 3622 [short term uptrendline support]. Then next key level for support 3566 [200EMA]. Trading Support 3622-3616-3601. Below this level free fall upto 3581 expected. Trading resistance 3655-3665-3675-3694. [Pivot-3661, Resistance 3692-3742-3773, Support 3612-3581-3531]. Nifty weekly chart remain weaaaaaaaaaaaaaaak. So, be cautious your longs and BTST. regds / SIVA

Wednesday, March 14, 2007

15/03/2007 - Chart 1

Dear All CMP 3641. Support 3607-3593-3546. Resistance 3650-3668-3673-3703. Nifty's Channel break will lead it to 3579. Last support for bull run is 3430 . Above 3768 is +ve. Below 3603 is negative. [Pivot-3677, Sup-3586-3532-3441, Res-3732-3822-3877] regds / SIVA

Tuesday, March 13, 2007

14/03/2007 - Chart 1

Dear All CMP 3770.55. Resistance 3777-3789-38073827. Support 3750-3735-3705. Today Nifty made the +ve breakout. Global market movement may affect our market tomorrow. Be cautious about your longs. If nifty below 3750 to 3735 will create some panic. regds / SIVA

Monday, March 12, 2007

13/03/2007 - Chart 1

Dear All CMP 3734. Resistance 3750-3778. Support 3719-3678. Nifty Maintain the support line 3719. But crack the up trend line 3750. So, Nifty is positive only above 3750. Below 3719 is negative for nifty. Below this level nifty may reach 3678. Negative trend in hourly chart. regds / SIVA

Sunday, March 11, 2007

12/03/2007 - Chart 1

Dear All CMP 3718. Inverse H&S with neck line 3568. Support 3693-3685. Blow this 3672-3652-3585. Resistance 3734-3753-3770-3784. Above this 3815-3822-3842. BUY Nifty arround 3685-3693 with sl 3672 for the target of 3822 [positional] . KEY level for nifty is 3586 [low], 3822[high]. regds / SIVA