03/05/2007 - Chart 1

Dear All CMP 4087.9. 200EMA-3717. 50EMA-3925. 13MA-4044. Trend-Bullish. Day Trading - Bullish. Major Resistance 4136. Major Support 4038. Piv-4071. Piv-S 4045-4003-3977. Piv-R-4113-4139-4181. Trading support 4072-4057-4038-4008. Trading resistance 4105-4120-4136. Positive breakout marketd by arrow. So, this breakout will lead Nifty towards 4120+.[Technical calculation as 4090-4028 = 62 + breakout at 4056 = 4118]. GAP up opening expected. Buy NIFTY above 4095 for 4136 with sl 4072. regds / SIVA

Print this post