09/03/2007 - chart 1

Dear All CMP 3761. EXPANDING TRIANGLE. Above 3807 is +ve. Resistance 3779-3796-3807. Above this 3818-3855. Support 3732-3726. Gap opening expected. So, BUY NIFTY above 3807 [nifty should maintain above this level atleast 10 to 15 minutes] for the target of 3855 with sl 3796. regds / SIVA

08/03/2007 - Chart 1

Dear All CMP 3626. MDI gives the negative divergence. Nifty close above 3618. As per chart Nifty will be +ve if above 3636. Resistance 3652-3671-3684-3704. Above this 3730-3753-3790. EMA200 3650. Support 3618-3558. Below 3558 is -ve. BUY NIFTY above 3636 [if nifty maintain above this for 10 to 15 minutes] for the target 3671 with sl 3618. regds / SIVA

07/03/2007 - Chart 1

Dear All CMP 3655. Nifty will be +ve only above 3681. Resistance 3671-3681. Above this level nifty will be slightly bullish towards 3698-3718-3726. Support 3636-3598. regds / SIVA

06/03/2007 - Chart 1

Dear All CMP 3576. Support 3560-3547-3531-3519-3501. Last hope for bull's is 3304 [support]. As per FIB 3420 [50%]. Above 3560 is hope for todays rally upto 3615. Resistance 3615-3665-3698. regds / SIVA

05/03/2007 - Chart 1

Dear All CMP 3726. Bearish rectangle formation. Resistance 3740-3757. Support 3704-3685. Below 3685 will lead nifty towards 3618. Positive divergence in RSI and RSI below 30. So, if gap down opening, don't short. If gap up opening above 3740 or if nifty reach 3757 is the chance to exit your longs and short nifty with sl 3765. regds / SIVA