Chana

#2
Dated 19/07/06

CHANA - Book profits at higher levels and re-enter long on close above Rs 2414' august'06


Chana NCDEX August06
Last Close 2388
Trend Up Sideways
Daily Closing
Reversal
Point
on Closing 2321

INTRA-DAY LEVELS
Level 1 Level 2 Center Point Level 3 Level 4
2,317.7 2,363.7 2,385.3 2,409.7 2,455.7


Resistance will be at Rs 2414.

Traders can book profit on earlier long positions at Rs 2409 or above as the opportunity arises.

Re-enter long on breakout and close above Rs 2414.

Support will be at Rs 2363.
 
#3
sir i man
Dated 19/07/06

CHANA - Book profits at higher levels and re-enter long on close above Rs 2414' august'06


Chana NCDEX August06
Last Close 2388
Trend Up Sideways
Daily Closing
Reversal
Point
on Closing 2321

INTRA-DAY LEVELS
Level 1 Level 2 Center Point Level 3 Level 4
2,317.7 2,363.7 2,385.3 2,409.7 2,455.7


Resistance will be at Rs 2414.

Traders can book profit on earlier long positions at Rs 2409 or above as the opportunity arises.

Re-enter long on breakout and close above Rs 2414.

Support will be at Rs 2363.
:) :)
 

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