Nifty chart

Banknifty ready for breakout

Nifty hold breakout levels then it is good for new high

Nifty Chart

Position : Nil

Nifty Trade Support 5874-5862 Resistance 5939-5951
Nifty Trend Support 5828-5820 Resistance 5989-5993

Buy Nifty

Position : Nil

CMP-5655
Nifty Trade Support 5644-5640 Resistance 5683-5690
Nifty Trend Support 5580-5573 Resistance 5719-5727

Technical Details : 
Trend Line Support at 5623
Previous EW High at 5629
78.6% of 5477-6229 is at 5637 [bounce back area 5637-5600]
38.2% of 4531-6229 is at 5580 

Risk Takers Buy Nifty around 5637-5600 with sl 5550(Closing Basis) qty-500
Without Risk Buy Nifty  around 5590-5570 with sl 5550(Closing Basis) qty-1000

Buy Nifty

Position : Nil

Nifty Trade Support 5792-5788 Resistance 5824-5833
Nifty Trend Support 5757-5746 Resistance 5859-5866

Technical Details :

Close above 5800
Positive Breakout trend line support around 5750.

Buy Nifty around 5766-5750 with sl 5690(C)

Trend Line

wave target

Wave target

Head and Shoulders [Inverse]

Tipss Bse Nse - 20/05/2009

ACTUAL TECHNICAL ANALYSIS

Tipss Bse Nse - 11/05/2009 - Chart 1

Formation of Rising Wedge and lower line breakout implies

negative and bearish implication. So avoid long and sell

on every resistance or then and there for profit booking. How to Use this Chart

Tipss Bse Nse - 04/05/2009 - Chart 1

Expected high volatility with profit booking in

intraday at every resistance.

Tipss Bse Nse - 24/04/2009 - Chart 1

profit booking will come in every resistance,

Keep strict sl for all longs, Otherwise if u feel

some whiplash in support break then wait till

5-10 min with other support level. Dont blindly

hold longs. SHIVA

Tipss Bse Nse - 15/04/2009 - Chart 1

Tipss Bse Nse - 06/04/2009 - Chart 1

Tipss Bse Nse - 01/04/2009 - chart 1

Sorry for the past two days blog was not updaed. Some

in-convenience to update. SHIVA

Tipss Bse Nse - 26/03/2009 - chart 1

Trading Support 2930-2920 and resistance 3013-3027

Trend Support 2890-2883 and resistance 3054-3065

Tipss Bse Nse - 25/03/2009 - chart 1

Intraday support arround 2900-2907 and resistance 2960-2965. Trend support 2865-2860. and resistance 3030-3043.