As per the technical charts the ADX and RSI indicte a bullish trend....

Thank u sir for your detailed reply.I am honoured...

The DOW ended down by 140 points to 11642
The Asian markets are trading in red.
THe opening may be weak...

The ADX shown a bullish trend continuously
for six sessions since 31.07.08....

The RSI indicates a continual rise since 31.07.08 up to 07.08.08.On 8.8.08 slight downward indication is there.So there may
be scope for further upward tendency in the coming sessions...

Nasdaq surged 58.37 points at 2414.10, Dow Jones advanced 302.89 points at 11734.32 and S&P 500 up 30.25 points at 1296.32.crude prices have plunged to 115 dollar levels.If the Asian markets follow
and reflect the cues gap up opening in
our market is expected tomarrow...

The resistance and support level for
tomarrow(11.08.08)

R1 118.35 R2 120.65 R3 124.35

PIVOT 114.65

S1 112.35 S2 108.65 S3 106.35...

Dear it will come down to 109 first and then 132. As per technicals:- Positive Candidate -Short term, Aug 12, 2008 Analysis Explanation 3I INFOTECH has broken through the floor of a rising trend channel. This indicates a slower rising rate at first, or the start of a more horizontal development. The stock is between the support at 109 and the resistance at 115. A definitive break through of one of these levels predicts the new direction. Positive volume balance, i.e. high volume in days of rising prices and low volume in days of falling prices, strengthens the stock in the short term. The stock is overall assessed as technically positive for the short term. chani ...

Yeah.....U are absolutely right......We are normally reluctant to accept any change for that matter..... Instead of accepting our own mistake due to our ego we blame the persons who are instrumental to make us accepting these kind of innovative things......Thanks&Regards...

yea ,.tomo also see sensex + 400...

Good that LEFT parties are out of govt. PM and FM can do reforms in banking sectors....