Random conversation, people will keep asking me the levels so i figured i'd post it in one place.

[15:23] rajak1981: S&P CNX NIFTY, :6/6/2008 2:53:59 PM
Close: 4656.65
T1: 4494.33 T2: 4341.83
T3: 4093.01 1xR: 4330.55
Tech Target: 4117.5
Narrowsl: 4,743.15
WideSl: 4,871.06
SwingHigh: 4,956.2 Stoploss: 4,743.1
SwingLow: 4,536.9 CMP: 4,656.6
ImpulseTargetZone :3940.5-3691.68
Lower Chan: 4498.66 Upper Chan: 4720.05
SupportLine: 4720.05 ResLine: 4485.04
2xAtr14Stop: 98.3549
TrailingSL: 4,714.85
[15:23] rajak1981: buy at t1
[15:23] rajak1981: buy at t2
[15:24] rajak1981: buy at t3
[15:24] rajak1981: investing perspective
[15:24] rajak1981: trading can short for the targets from 4540 region , don't short the gap down
[15:24] rajak1981: most bullish case which bears cannot see right now
[15:24] rajak1981: is 4494-4500 area holding out
[15:24] rajak1981: i.e no new lows
[15:24] rajak1981: most bearish case which bulls will not see right now
[15:24] rajak1981: is all the way till 3600
[15:25] rajak1981: i'd say consensus is 4000k area could be tested

my view?? 33% t1, 33%t2, 33%t3
all equally likely.