Tipss_Bse_Nse - 25/8/06 Chart - 2

Dear All First arrow indicate violation of up trend line will down nifty by 21 points. Second arrow indicate break of down trend line will lead the nifty by 15 points. Violation and braek also marked by arrow in the indicators. Nifty will break the down trend line marked by third arrow. the point is 3393 or above 3395 then nifty rally upto the next resistance levels3402-3417.-3425. Now support at 3388-3371. regds / SIVA

Tipss_Bse_Nse - 25/8/06 Chart - 1

Dear All There is down trend signal in Nifty. see the indicartor marked by arrow. Resistance 3395-3410-3427. Support 3355. regds / SIVA

Tipss_Bse_Nse - 24/8/06 Chart - 1

Dear All Nifty will touch 3320. Major support level [23.6% of Fibonacci] next 3286. Resistance 3362-3377. All the indicators not favour to Nifty. If you are long keep the sl as 3320. Nifty manage above 3343 then go long. regds / SIVA regds / SIVA

Tipss_Bse_Nse - 23/8/06 Chart - 1

Dear All See the support line upto 3343. Dont worry about upto this level. Resistance 3371-3393-3407. Support 3343-3335-3309. regds / SIVA regds / SIVA

Tipss_Bse_Nse - 22/8/06 Chart - 1

Dear All Nifty Gap up opening of 20 points with the high of 3397. So from that 100% minus of gap opening means 3377. So, Nifty touch 3378 [marked by Green Arrow]. From that point, adjusted RSI improved very fast. So, if nifty cross [3390] the above resistance line and maintain the level for 15 minutes, then nifty bullish for the target of 3407. regds / SIVA regds / SIVA

Tipss_Bse_Nse - 21/8/06 Chart - 1

Down side 3 arrow denotes the support at 3343-3339-3329. Up side 2 arrow denotes resistance at 3384-3370-3355. Nifty form the lower top. Dear All Nifty Support at 3340. ADX & RSI(14) factors favour nifty. So, Open above 3354 will boost the nifty towards 3410. Don't short in the market. See the rangeboundness for the past 3 days. See the second chart there is no violation of strong uptrend line. Resistance 3371-3385-3409. If nifty manage to move above 3354 the resistance at 3371-3387-3409 otherewise support at 3340-3330-3317. regds / SIVA