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

05/9/06 Chart - 1

Dear All, First arrow indicate some weakness in nifty [lower top created]. Negative divergence in indicators. All the international market in Red. Continuous uptrend in previous week. So, profit booking not ruled out. Sell nifty. CMP-3476.85. Support 3470-3466-3450. 3450 is a major support level once if cracked then 3440. Resistance at 3480-3495-3507. regds / SIVA

04/9/06 Chart - 1

Dear All Nifty shows some bullish signals, Chart itself explain the powerful resistance line [by Andrew's pitchfork] at 3436-3449-3460. Bullish gap opening will take nifty to 3460. Buy Nifty. support 3427-3413. regds / SIVA