29/12/2006 Chart - 1

Dear All Nifty on support line maximum downfall is 3955. Below that 3914 possible. In bullish market don't short and trap. So, Buy nifty arround 3950-3955 with sl 3943. if nifty breach below 3950 first target is 3914. Major support 3955-3948. Major resistance 3991. FII sell the index future and buy in stocks. So, Be careful if u decide to go for short. regds / SIVA

28/12/2006 Chart - 1

Dear All Nifty remain positive. Some sideways movement expected. BUY nifty ABOVE 3983 for the target of 4013. Profit booking is not rulled out there. book profit if opening is there. Major support 3954. RMajor resistance 4092. Support 3954-3932. Resistance 3983-3988-4013.-4043. regds / SIVA

27/12/2006 Chart - 1

Dear All Yesterday we achieved the exact target of 3943. Yesterday's Beakout in nifty will reflect the price increase. Today Major Support 3925. Major Resistance 3976. BUY NIFTY above 3950 for the target of 3976. Support 3925-3889. Resistance 3976-4013. Volume was lower yesterday and day by day in nifty. so, be ready for one more correction. regds / SIVA

26/12/2006 Chart - 1

Dear All NIFTY in Bullish trend. BUY Nifty arround 3860. Resistance 3889-3895-3943. Support 3860-3848-3809. Some breakout in nifty chart arround 3860 will lead the nifty towards 3943. Nifty will be push up bank,IT and infrastructure sectors. Major support 3860, Major Resistance 3976. regds / SIVA

27/10/06 Chart - 1

Dear Still I am bearish. CMP 3677. SHORT NIFTY at higher level with sl 3684. Nifty below 3668 will lead to new lows. Support 3658-3637-3616. Resistance 3684. All regds / SIVA

26/10/06 Chart-1

Dear All Graph is self explanatory. SHORT NIFTY in every higher level [CMP 3657] for the target of 3560 with sl 3670. Negative News, Profit Booking, F&O Closing will create panic. I hope that positve opening will be used to short. regds / SIVA

23-10-2006 - Chart 1

Dear All Short Nifty for the Target of 3643 with sl 3666 [cmp 3660]. Apex Crashed Double Top formation. regds / SIVA

21/10/06 GREETINGS

Dear All VERY HAPPY DIWALI TO YOU & ALL YOUR LOVED ONES, may this diwali bring lot many good thing to you in future , have a wonderful diwali from U'rs SIVA

21/10/06 GREETINGS

WISH U & U'rs Family Happay Diwali from U'rs SIVA

20/10/06 Chart-1

Dear All Positive opening above 3695 will lead nifty towards to 3710-3726. Negative opening below 3660 will crack nifty towards 3643. I expect some bottom fishing level is 3660-3664 with high risk. Buy Nifty above 3695 for the target of 3710-3726 with sl 3685. regds / SIVA

19/10/06 Intra Chart-1

Dear All see 100% correction from 3657 to 3728. Buy Nifty with sl 3657 [cmp 3670] . Target of 3684-3692. support 3657. regds / SIVA

19/10/06 Chart-1

Dear All Descending Triangle Formation. Probability of an down trend breakout from this pattern is quite high. But overall sentiment of the market is bullish. So, positive opening above 3728 will lead the rally. Below 3694 will breach the nifty to the new low. Resistance 3728-3742. Support 3694-3680. Buy nifty above 3730 for the target of 3737-3749 with sl 3706. regds / SIVA

18/10/06 Chart-1

Dear All Lower Top Creation with double sliding wedge pannel. So volataility is not rulled out. Also Three inside down pattern formed in candle stick format. So Sell nifty below 3690 for the target of 3670 with sl 3698. [this only if negative gap opening]. Below 3706 will be bearish. Resistance 3728-3746. Support 3706-3698-3690-3670. regds / SIVA

17/10/06 Intra Day-2

Dear If Nifty cut the below support line [3706] then the target will be 3699-3690. Below this will create fresh selling pressure for the target of 3670. regds / SIVA

17/10/06 Chart-1

Dear All Double top formation, so Selling pressure arround 3728. Nifty above 3728 will be good for long for the target of 3764. Support 3714-3706. Resistance 3744-3764-3777. BUY NIFTY arround 3706 for the first target of 3728 then 3744 with sl 3690. regds / SIVA

16/10/06 Chart-1

Dear All Buy Nifty arround 3648 with a sl 3640 for the target of 3682. Support 3648-3629. Resistance 3682-3715. If opening with +ve gap is used to book the profit your long positions. regds / SIVA

13/10/06 Chart-1

Dear All See the R.H&S formation in nifty. Nifty in bullish trend. But overall sentiment reading in top counters in bearish. We maintain support level 3587. Below that fresh selling pressure will come. Buy Nifty above 3608 for the target of 3627-3648. Support 3608-3597-3587. regds / SIVA

12/10/06 Chart-1

Dear All Negative divergence in Stochastic. Lower low creation in Price chart marked by 1. Lower top creation marked by 2. From 3rd arrow nifty will touch 3538-3511. some support in 3538 is possible. But technically upto 3511 is on card. SHORT NIFTY for the target of 3511 with sl 3570. Suppot 3544-3528-3508. Resistance 3581-3603. regds / SIVA

11/10/06 Chart-1

Dear All We maintained yesterdays resistance and support level. regds / SIVA

10/10/06 Chart-1

Dear All 1st chart shows the lower top was created and rising wedge again & Nifty breach the rising wedge also. This implies that Nifty will breach the previous below of 3546. In 2nd chart see the first Fibonacci every lower top creation will breach the previous low. The same will happen in the second Fibonacci. So Support 3538-3522-3502. Resistance 3588-3606. Short Nifty with sl 3588 for the target of first 3538. If breach this level then 3522. regds / SIVA

09/10/06 Chart-1

Dear All Clear rising wedge, has bearish implications. Distribution also take place [marked by arrow, ie. lower top creations, so another lower bottom will be created]. Short NIFT. Nifty touch 3544. If breach this level next support 3530-3509. Resistance 3581. regds / SIVA

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

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

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

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

28/9/06 Chart-2 Intra

Dear All R.H&S formed High point 3593 low 3569. penetrate at 3574. so the target is 3598. so Buy Nifty for the target of 3598. Next resistance at 3619. regds / SIVA

28/9/06 Chart - 1

Dear All BUY NIFTY above 3585 with sustainability for 10 minutes for the target of 3620. Nifty on support zone of 3579. If it fails to maintain this level then next support zone 3575-3562. I hope the total market movemt today is flat. One pivot is 3562. If it fails then panic. Resistance level 3619. regds / SIVA

27/9/06 Chart - 1

Dear All Buy NIFTY. Resistance 3589-3617-3632. Support 3555. regds / SIVA

26/9/06 Chart - 1

Dear All BUY Nifty above 3525. Nifty will touch 3537-3549-3561. Support at 3515-3502. Below this no one can stop the downfall. regds / SIVA

25/9/06 chart - 3

Dear All See the Full view of the todays chart. We already told about the Reverse H&S in previous chart.

1. First see the red color dotted line lines. marked as 1,2 and 3. Trible top at 3548. So, in point 3 nifty fall suddenly.

2. Second see the yellow dotted lines marked as 4 & 5. Double bottom support 3536. so, each time nifty have shoot up from here.

3. Third red dotted line marked as 6,7 and 8. Trible top at 3553.

4. Circle mentioned as violation points. regds / SIVA

25/9/06 chart - 2

Dear All Why sudden change and upswing movement from 3542 to 3552 [+10 points] . See the chart shows Reverse H&S. Head high & low 3546 & 3536 [10 points]. Violation at 3542. Add 10 points to 3542 = 3552. regds / SIVA

25/9/06 Chart - 1

Dear All CAUTIOUS DAY. Watch the position 3520. If breach this level then 3502 is not rulled out. This is also one crucial level, if breach this then another 30 points down to 3470. Resistance at 3527-3583-3613-3622. I hope we will touch both 3502 and 3583 today. I expect today is highly volatile. Because of Sep'06 expiery ahead. regds / SIVA

22/9/06 Chart - 1

Dear All PROFIT BOOKING DAY. CMP-3553. BUY nifty at second and third support levels. Resistance 3570-3589. Support 3541-3533-3521. If below this then 3501 not rulled out. regds / SIVA

21/9/06 Chart - 1

Dear All BUY NIFTY for the target of 3521. Resistance at 3521-3544. Support 3489-3470. Close watch 3470. Every thing was positive for nifty. regds / SIVA

20/9/06 Chart - 2

Dear All See the Falling wedge channels in two places in todays nifty chart. regds / SIVA

20/9/06 Chart - 1

Dear All, As per yesterday's cautious approach today also we will see some more bottom. CMP-3457. So, take the support level as 3455-3421. Below that some more panic. Resistance 3468-3483. regds / SIVA

19/9/06 Chart - 1

Dear All Be cautious. Nifty in crucial range. Book your profit on every rise. Falling wedge has bullish implications. so, Breakout aove 3500 will lead the nifty to 3521. support 3489-3479. regds / SIVA

18/9/06 Chart - 1

Dear All BUY NIFTY for the target of 3512 with a sl 3460. Clear Reverse H&S. Head Low at 3330 and High at 3470. Difference 40 points. Penetration at 3472. So nifty will touch 3512. Resistance at 3512-3524-3577. Support 3460-3447. regds / SIVA

15/9/06 Chart - 2

Dear All Again Bearish flag formation. See the double bottom formation at 3437, marked by blue arrow. Then nifty form the bullish indication. [only 5 points difference to our previous post. enjoy]. At 3457 marked by [green arrow] violation of down trend line. So, nifty form the bullish indication. Also nifty form double top at 3471. So, BUY nifty only above 3473. regds / SIVA

15/9/06 Chart - 1

Dear All Bearish flag formation, Double top at 3473 and ROC, RSI not favour to nifty. SELL NIFTY arround 3490 with a sl of 3500. Support 3452-3429. Resistance 3473-3489. regds / SIVA

12/9/06 Chart - 2

Dear All Reverse H&S formed by nifty. So, Nifty will touch 3418. ( Head low 3328 high 3376, difference 48. Penetrate at 3370, So total 3370+48=3418. Buy Nifty [previously only 14 points difference for our bearish. we predict 3314. but nifty form 3328. regds / SIVA

12/9/06 Chart - 1

Dear All, Nifty CMP-3366.15. From the low of 2932 nifty reached high 3502. As per Elliot Wave theory minimum of 33% retracement and maximum of 66%. Nifty Support at 3331-3314 [min 33% of increase. So, nifty touch 3314 first. SELL NIFTY. regds / SIVA

09/09/06 Chart 2

Dear All

Nifty Towards 3481. See how bullish nifty and why. Head Low 3440 high 3461. difference 21 points. Violation at 3460. So, nifty will touch 3481. In the morning i confidently told BUY NIFTY for last resistance of 3489. regds / SIVA

08/9/06 Chart - 1

Dear All Buy Nifty with sl 3445. Indicator and parallel line support for Nifty in Bullish condition. Profit booking at higher level not rulled out. Book profit ASAP. Resistance at 3466-3470-3483. Support 3440. regds / SIVA

07-09-06 chart - 2

Dear All

H&S formation by nifty high 3489 and low 3466 in Head, difference 34. violation at 3477. So, nifty will touch 3477-34=3443. Bearish Day. regds / SIVA

07/9/06 Chart - 1

Dear All

All factors to the nifty is strengthen the bearishness. Nifty Form The Double top. Internationl market in red. Lower Top formed. Indicators not favour to nifty. So, Sell Nifty. If nifty will not mange above 3459, then support 3451-3442-3429. regds / SIVA

06/9/06 Chart - 2

Dear All Why nifty fall from 3490. See the Reverse H&S formed in Nifty. Lower Point in Head is 3457. Highers point in Head 3477. Difference is 20 points. Reverse H&S penetrate the down trend line at 3470. So, total nifty should be bullish till 3490. That is the theory. What happened after reaching 3490. Believe Technical. Yellow arrow denote the trible bottom support. Once nifty below 3470 then panic. Support 3470-3457. resistance arround 3480-3490. Nifty in bullish trend. regds / SIVA

06/9/06 Chart - 1

Dear All Resistance 3473-3479. If manage above 3479 then 3487-3501. Support 3470-3466-3458. If fails to this position 3370. regds / SIVA