Trend Line [14-01-2011]

Fibonacci [13-01-2011]

YESTERDAYS COMMENTS AND PERFORMANCE : 

YESTERDAYS Predicted Nifty level and Actual levels :

Predicted support 5693-5704 [5711 actual low]

Close below 5900 for 2 days consecutively then -ve

so, i expect rally upto this level, wait and watch.

+ve : 5690-5721 and 5698 again nifty takes support at 5711

OHLC : open 5800, High 5847, Low 5711, Close 5863

13th January 2011 - Technical View of Nifty / Technical view of Market :

View of Market : 

TodaysInfosys Result, FII selling, Sentiment weakness

Political stability will issue some weakness to market again., 

Wait and Watch the market movement.  If nifty fails to cross 5950

and fails to close above this level, then selling pressure

will resume.

Technical View of NIFTY : 

-ve : Closed below the support trend line is coming from 25/5/2010

Closed below the support and positive break out trend line is coming

from 17/10/2009.

+ve : Almost bottom 5690 - 5721 - 5698 and 5711, Closed above 200 EMA

and takes a support 61.8% of the Fibonnaci range 5348 to 6338. Honour 

and takes support at positive breakout trend line is coming from 

6/12/2010.

Chart view of NIFTY :

Next bulls support at 5682-5670 only or MAX 200 EMA 5643 on

closing basis atleast. Negative breakout neck line at 5911-5920.  

So consecutive close below 5920 for another 2-3 days will 

issue some more selling pressure.  EMA and 38.2% of Fibonacci

coinside at 5960-5965.

Daily Technical Analysis of NSE index CASH NIFTY and Momentum of Market

with NIFTY CHART, NIFTY TECHNICAL ANALYSIS, NIFTY ANALYSIS.

Details in Table : Previous Day Close

200 Day Exponential Moving Average (EMA), 50 EMA and 13 EMA,

Two Different Fibonacci ratio From Which level and to which level 

for that retracement percentage and values

Strength and Momentum in different time frame of nifty

Nifty trend in Hourly, Nifty trend in daily, Nifty

trend in weekly, Nifty trend in monthly

Previous Days OPEN, High, Low and CLOSE

.

SHIVA's predicted TDL trading and trend support, resistance

Position : Long or short with how many points eared/loss in 

positions.

Major support and resistance Levels for nifty. This levels 

will change the market from Bullish Market to Bearsih Market 

HIGH LIGHT : 

I USED 6350 as a major resistance for the past 5 months [ACTUAL HIGH 6338]

I USED 5700-5650 as major support for the past 5 months [ACTUAL LOW 5690]

Comments on Intraday TREND and Actual Trend of market

ie., Bullish, Bearish, FLAT, Sideways, positive, Negative etc.

Expectation about GAP up, GAP down or FLAT

Investors support levels for Nifty

Yesterdays Performance about levels and comments

stop loss for both with risk takers and without

risk takers seperately for both long and short

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Head and Shoulder [12-01-2011]

YESTERDAYS COMMENTS AND PERFORMANCE : 

YESTERDAYS Predicted Nifty level and Actual levels :

Predicted resistance 5854-5837 [5842 EXACT High]

NEXT BULL SUPPORT 5683-5670 ]5698 ACTUAL Low]

EXpected relief rally is only for EXIT long EXACTTTTTTTTTTTTTT

[Actual from 5762 to 5842 Then negative upto 5698 and rally 

upto 5807 then adjustment closing 5754 [50% from high] 

12th January 2011 - Technical View of Nifty / Technical view of Market :

View of Market : 

Day before yesterday i wrote this statement : 

First Time Nifty issued some negative momentum before market hours.

Day before yesterday -150 points and yesterday also closed minor negative.

Todays IIP Data, Tomorrorws Infosys Result, FII selling, Sentiment weakness

Political stability will issue some weakness to market again., Wait and

Watch the market movement.

Technical View of NIFTY : 

-ve : Head and shoulder or channel breakout for more than 700

points -ve breakout neck line support 5984.  The last hope is

the +ve breakout neck 5683-5670 line or 200 EMA  - 5645 

+ve : Almost bottom 5690 - 5721 and 5698

Chart view of NIFTY :

Next bulls support at 5682-5670 only or MAX 200 EMA 5643 on

closing basis atleast. Negative breakout neck line at 5911.  

So consecutive close below 5910 for another 2-3 days will 

issue some more selling pressure.  Complex Head and Shoulder 

pattern and negative channel breakout and bottom issue some 

range for 200 points.

Daily Technical Analysis of NSE index CASH NIFTY and Momentum of Market
with NIFTY CHART, NIFTY TECHNICAL ANALYSIS, NIFTY ANALYSIS.

Details in Table : Previous Day Close
200 Day Exponential Moving Average (EMA), 50 EMA and 13 EMA,

Two Different Fibonacci ratio From Which level and to which level
for that retracement percentage and values

Strength and Momentum in different time frame of nifty
Nifty trend in Hourly, Nifty trend in daily, Nifty
trend in weekly, Nifty trend in monthly

Previous Days OPEN, High, Low and CLOSE
.
SHIVA's predicted TDL trading and trend support, resistance
Position : Long or short with how many points eared/loss in
positions.

Major support and resistance Levels for nifty. This levels
will change the market from Bullish Market to Bearsih Market

HIGH LIGHT :
I USED 6350 as a major resistance for the past 5 months [ACTUAL HIGH 6338]
I USED 5700-5650 as major support for the past 5 months [ACTUAL LOW 5690]

Comments on Intraday TREND and Actual Trend of market
ie., Bullish, Bearish, FLAT, Sideways, positive, Negative etc.

Expectation about GAP up, GAP down or FLAT

Investors support levels for Nifty

Yesterdays Performance about levels and comments

stop loss for both with risk takers and without
risk takers seperately for both long and short


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Trend Line [11-01-2011]

COMMENTS

Comments on 31/12/10 - Profit Booked in long +160 points


on 3/1/11 - high 6177


on 4/1/11 - high 6181


From 4/1/11 see the comments for long holders.


Comments on 6/1/11 - This rally sustained only if nifty close above 6150


Comments on 7/1//11 - Every resistance is for profit booking


Comments on 10/1/11 - Range is for 100-150 points on -ve side - 


predicted target 5800-5765 [5762.85 CLOSE and Low 5740] -


ISSUED THE SHORT CALL, nifty was not reached that target 


for short.

Elliott Wave [10-01-2011]

YESTERDAYS COMMENTS AND PERFORMANCE : 

YESTERDAYS Predicted Nifty level and Actual levels :

Predicted resistance 6063 [6051 Actual H]

Predicted "Below 6005 tgt 5930" Actual low 5883 [Reached]

Yesterdays statement : Every resistance is for profit booking.  Close above 

6120

only issue some short covering and fresh buying opportunity.

Sector wise rotation is going on.  [EXACT TTTTTTTTTTTTTTTTTTTTTT]

10th January 2011 - Technical View of Nifty / Technical view of Market :

View of Market : 

First Time Nifty issued some negative momentum and closed below 

Every resistance is for profit booking.  There is a chance for

retracement upto 6000 only if nifty close above 5950.

Technical View of NIFTY : 

+ve breakout neck line support line 5942-5955 is resistance

now. Short term support trend line at yesterdays low.  Next 

major support is another +ve breakout line at 5682-5675.

Chart view of NIFTY :

Positive breakout trend line now act as a resistance 5950.

Projected elliot wave target line at 5800-5765, Next bulls support 

at 5682-5675 only.  Cluster of supports with +ve breaout lines, Elliot

Wave target, short term term trend line.  Cluster of resistance +ve

breakout line act now as resistance, EMA and Fibo levels.  So range 

will be for 150-200 points on negative side.  Dont take any longs

if nifty close below yesterdays low for 2-3 days consecutively.

Shorters may put stop loss of 6050, without ris takers 5960 - both

on closing basis.

Daily Technical Analysis of NSE index CASH NIFTY and Momentum of Market
with NIFTY CHART, NIFTY TECHNICAL ANALYSIS, NIFTY ANALYSIS.

Details in Table : Previous Day Close
200 Day Exponential Moving Average (EMA), 50 EMA and 13 EMA,

Two Different Fibonacci ratio From Which level and to which level
for that retracement percentage and values

Strength and Momentum in different time frame of nifty
Nifty trend in Hourly, Nifty trend in daily, Nifty
trend in weekly, Nifty trend in monthly

Previous Days OPEN, High, Low and CLOSE
.
SHIVA's predicted TDL trading and trend support, resistance
Position : Long or short with how many points eared/loss in
positions.

Major support and resistance Levels for nifty. This levels
will change the market from Bullish Market to Bearsih Market

HIGH LIGHT :
I USED 6350 as a major resistance for the past 5 months [ACTUAL HIGH 6338]
I USED 5700-5650 as major support for the past 5 months [ACTUAL LOW 5690]

Comments on Intraday TREND and Actual Trend of market
ie., Bullish, Bearish, FLAT, Sideways, positive, Negative etc.

Expectation about GAP up, GAP down or FLAT

Investors support levels for Nifty

Yesterdays Performance about levels and comments

stop loss for both with risk takers and without
risk takers seperately for both long and short


Nifty, Nifty Trading system, Intraday Trading system, Intraday, Amibroker

AFL, AFL, Stock Trading, Stocks, NSE Trading, Commodity, Commodity trading,

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