Tipss_Bse_Nse - 27/7/06 Chart - 2

Dear All See the trend line marked by arrow. We dont fear until Nifty break this up trend line. The level for nifty to down trend is below 3123. OtherResistance at 3156-3198. Support at 3107-3083-3077-3057-3017. regds/SIVA

Tipss_Bse_Nse - 27/7/06 Chart - 1

Dear All See the inverse head and shoulder reversal patern formed by NIFTY. As per technical, Low & High in Head patern is 2899, 3044. The difference is 145. Nifty penetrate the trend line at 3054. So, next target is 3199. Nifty already resistance at 3200 12th July. So, Nifty after touching the 3199 or 3200, will down heavily. Short there. regds/SIVA

Tipss_Bse_Nse - 26/7/06 Chart - 2

Dear all see the head and shoulder formation in nifty. and all of our target achieved above 3057. enjoy regds / Siva

Tipss_Bse_Nse - 26/7/06 Chart - 1

Dear All Nifty Attempt to made crack the up trend line threen times [marked by arrow] & MACD (12 days) also below the signal [marked by arrow]. Open interest in N.Future also declined by 36.03 lacs. So be cautious on trade. If Nifty open above 3057 then Rssistance levels are 3077-3083. If nifty cross this level dont go short. Then nifty in bullish mode. Next resistance level 3109-3123. If Nifty open below 3057 then bearish trend. Nifty should test the lower levels further. Support at 3040-3017-3007-2986. Then panic selling expected. Next support level 2958. regds SIVA

Tipss_Bse_Nse - 25/7/06 Chart - 1

Dear all

Nifty made an attempt to cross 3036 three times, almost triple top. [market by arrow]. Today market is range bound from 3020 to 3036. If nifty cross 3036 [it is very difficult] then market may go up to 3043-3056-3075. If market go below 3018 then 3000-2988. regds SIVA

Tipss_Bse_Nse - 25/7/06 Chart - 1

Dear all

Nifty made an attempt to cross 3036 three times, almost triple top. [market by arrow]. Today market is range bound from 3020 to 3036. If nifty cross 3036 [it is very difficult] then market may go up to 3043-3056-3075. If market go below 3018 then 3000-2988. regds SIVA

Tipss_Bse_Nse - 24/7/06 Chart - 1

Dear all [CMP nifty 2945]

Symetric triangle formed. Nifty on the lower trendline. Nifty may touch maximum of 3015. For positional Trader next support level is 2862. Go short at every high above 3000. Take a position for one week. For Day traders Next resistance levels are 2950-2966-2977-2991-3015. Support levels are 2930-2919-2902-2893.2862. regds SIVA