(1) Sensex Chart For 09/04/07
GAP..GAP..GAP In whole chart
Yes there are lots of Gaps in this sensex chart this shows that movement has been up and down and markets have traded with gaps which is not such a healthy sign.
For up move still there are awaiting two Gaps to be filled which will works as strong resistance between 12784 to 13048....And for down move 12740 to 12657 there is again a gap which will act as strong support....
So, Above 12900 there up side gap could be filled and below 12800 there may be an attempt to fill downside gap. Lets see what happen up or down....What we advise to all is please take position for buying only above 12900 and selling only below 12800 till then avoid market....And wait for Nifty chart and level which we will post at 9 am on 9th April....(or as early as possible)
for all other people calls please trade at your own risk