05/10/06 Chart-1

Dear All See the yellowline 100% correction from 3564 to 3603 two times. Also see the royal lines from 3521 to 3603 again 100% correction . But this time correction was above 50% from 3440, [marked by up and down arrow] so upto 3502 possible. that we expect maximum low. If nifty breach this level then 3480 [marked by round]. This is the opportunity to buy. for the target of 3550 in one or two days. Support 3502-3480. Resistance 3521-3540. Then 3564. So, Buy NIFTY arround 3502 with a sl of 3480 for the target of 3550 in one or two days. regds / SIVA

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