Tipss_Bse_Nse -07/08/06 Chart-1&2

Dear All

Both chart indicate the bearish trend in Nifty. Reason for Bearsihness is 1. Indicators violating the up trend line. 2. Nifty violate the up trend line. 3. Nifty form Head & shoulder. 4. Nifty form the lower top. 5. Already violation of head & shoulder's Uptrend line at 3189. So, Nifty will touch 3127. regds/SIVA

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