Friday, October 06, 2006

06/10/06 Chart-1

Dear All See the every lower top creation will create one top then form the lowest lower bottom [ie. lower then the previous low, marked by yellow and royal arrows]. So, fall will be definite. Short Nifty. regds / SIVA

Thursday, October 05, 2006

05/10/06 Chart-1

Dear All See the yellowline 100% correction from 3564 to 3603 two times. Also see the royal lines from 3521 to 3603 again 100% correction . But this time correction was above 50% from 3440, [marked by up and down arrow] so upto 3502 possible. that we expect maximum low. If nifty breach this level then 3480 [marked by round]. This is the opportunity to buy. for the target of 3550 in one or two days. Support 3502-3480. Resistance 3521-3540. Then 3564. So, Buy NIFTY arround 3502 with a sl of 3480 for the target of 3550 in one or two days. regds / SIVA

Wednesday, October 04, 2006

04/10/06 Chart-2 Intra

Dear All see the support level i mentioned in 3520, and the resistance level created arround 3600 [also marked by arrow, double top] that is double bottom marked by arrow. See the 100% correction within 6 days from 3520 to 3602 again 3520. Also note the parallel lines. Support 3520-3507. Resistance 3534-3548-3558. Go long with the sl of 3507. at regds / SIVA

04/10/06 Chart-1

Dear All Positive opening expected. Today is for bottom fishing. Buy NIFTY arround 3552 with a sl of 3539. if 3552 break then 3520 not rulled out, market will weak afterwards. But i hope that nothing will be negative for nifty. Support 3552-3539-3520. Resistance 3571-3583-3602-3623. regds / SIVA

Tuesday, October 03, 2006

03/10/06 Chart-1

Dear All BUY NIFTY arround 3575 for the target of 3623. Some bullish flag formed within 4 days. regds / SIVA