05/02/2007 Chart - 1

Dear All Gap Opening expected. Nifty very bullish towards 4230. 4230 Resistance line from very long time (26/02/2002). So, breakout this level is very difficult to nifty. Major Support 4034. Major Resistance 4225-4230. Trading Support 4180-4167. Below 4167 nifty weak towards 4088. Resistance 4225-4230-4258-4290. Buy at every support level for target of 4230. Reduce ur longs at 4230 and ur longs on support. regds / SIVA

02/02/2007 Chart - 1

Dear All CMP 4137. Gap up opening above 4160-4167 is good and then move upto 4176-4185. Profit booking expected arround 4185. If nifty manage to move above 4185, then added very bullish to the next resistance levels 4207-4219-4258. Double bottom support at 4071. regds / SIVA

01/02/2007 Chart - 1

Dear All CMP 4082. Clear Support 4052-4035-4011-4006. Resistance 4125-4140. Below 4035 is crash upto 3945. BUY arround 4050-4040 with stric sl of 10 points. Nifty remain bullish after touching 4052. regds / SIVA

31/01/2007 Chart - 1

Dear All Clear Rising wedge breakout. Three Times nifty have managed to close above the rising wedge. This time close below 4140. The only +ve factor is, close above 4120 [support line]. So Nifty above 4140 is +ve. Trading volume in a wedge diminishes as prices move toward the apex. The rising wedge implies a situation that is growing weaker. If upper boundary breakout by nifty then tend to move sideways for a period of time before beginning to rise. Major support 4035-3927. Major resistance 4306. Trading Support 4120-4100-4086. Trading Resistance 4128-4140-4174-4199. My advice is book your profit then and there, if u are in profit. Keep your longs if nifty above 4140.regds / SIVA