26/03/2007 - Chart 1

Dear All CMP-3861. EMA200-3658, TDL-3843. Day Trading Trend-Bearish [Reason - in ADX -DI created the upper bottom and +DI created the lower top]. Trading Resistance-3888-3901 Then 3915-3955. Trading Support 3843-3816. Then 3724. [Piv-3871, Res-3891-3922-3942, Sup-3840-3820-3789], [FIB-4245(100%)-3855-3615-3420-3225-2948-2595(0%)] Nifty's Weekly chart shows some northward movement in the coming days. Weekly chart shows strong resistance at 3914. BUY NIFTY arround 3816 with sl 3800 for 3843-3861-3915(positional). Some flat or slight negative movement and opening expected in day trading. regds SIVA

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