Monday, September 25, 2006

25/9/06 chart - 3

Dear All See the Full view of the todays chart. We already told about the Reverse H&S in previous chart.
1. First see the red color dotted line lines. marked as 1,2 and 3. Trible top at 3548. So, in point 3 nifty fall suddenly.
2. Second see the yellow dotted lines marked as 4 & 5. Double bottom support 3536. so, each time nifty have shoot up from here.
3. Third red dotted line marked as 6,7 and 8. Trible top at 3553.
4. Circle mentioned as violation points. regds / SIVA

25/9/06 chart - 2

Dear All Why sudden change and upswing movement from 3542 to 3552 [+10 points] . See the chart shows Reverse H&S. Head high & low 3546 & 3536 [10 points]. Violation at 3542. Add 10 points to 3542 = 3552. regds / SIVA

25/9/06 Chart - 1

Dear All CAUTIOUS DAY. Watch the position 3520. If breach this level then 3502 is not rulled out. This is also one crucial level, if breach this then another 30 points down to 3470. Resistance at 3527-3583-3613-3622. I hope we will touch both 3502 and 3583 today. I expect today is highly volatile. Because of Sep'06 expiery ahead. regds / SIVA

Friday, September 22, 2006

22/9/06 Chart - 1

Dear All PROFIT BOOKING DAY. CMP-3553. BUY nifty at second and third support levels. Resistance 3570-3589. Support 3541-3533-3521. If below this then 3501 not rulled out. regds / SIVA

Thursday, September 21, 2006

21/9/06 Chart - 1

Dear All BUY NIFTY for the target of 3521. Resistance at 3521-3544. Support 3489-3470. Close watch 3470. Every thing was positive for nifty. regds / SIVA

Wednesday, September 20, 2006

20/9/06 Chart - 2

Dear All See the Falling wedge channels in two places in todays nifty chart. regds / SIVA

20/9/06 Chart - 1

Dear All, As per yesterday's cautious approach today also we will see some more bottom. CMP-3457. So, take the support level as 3455-3421. Below that some more panic. Resistance 3468-3483. regds / SIVA

Tuesday, September 19, 2006

19/9/06 Chart - 1

Dear All Be cautious. Nifty in crucial range. Book your profit on every rise. Falling wedge has bullish implications. so, Breakout aove 3500 will lead the nifty to 3521. support 3489-3479. regds / SIVA

Monday, September 18, 2006

18/9/06 Chart - 1

Dear All BUY NIFTY for the target of 3512 with a sl 3460. Clear Reverse H&S. Head Low at 3330 and High at 3470. Difference 40 points. Penetration at 3472. So nifty will touch 3512. Resistance at 3512-3524-3577. Support 3460-3447. regds / SIVA

Friday, September 15, 2006

15/9/06 Chart - 2

Dear All Again Bearish flag formation. See the double bottom formation at 3437, marked by blue arrow. Then nifty form the bullish indication. [only 5 points difference to our previous post. enjoy]. At 3457 marked by [green arrow] violation of down trend line. So, nifty form the bullish indication. Also nifty form double top at 3471. So, BUY nifty only above 3473. regds / SIVA

15/9/06 Chart - 1

Dear All Bearish flag formation, Double top at 3473 and ROC, RSI not favour to nifty. SELL NIFTY arround 3490 with a sl of 3500. Support 3452-3429. Resistance 3473-3489. regds / SIVA

Tuesday, September 12, 2006

12/9/06 Chart - 2

Dear All Reverse H&S formed by nifty. So, Nifty will touch 3418. ( Head low 3328 high 3376, difference 48. Penetrate at 3370, So total 3370+48=3418. Buy Nifty [previously only 14 points difference for our bearish. we predict 3314. but nifty form 3328. regds / SIVA

12/9/06 Chart - 1

Dear All, Nifty CMP-3366.15. From the low of 2932 nifty reached high 3502. As per Elliot Wave theory minimum of 33% retracement and maximum of 66%. Nifty Support at 3331-3314 [min 33% of increase. So, nifty touch 3314 first. SELL NIFTY. regds / SIVA

Friday, September 08, 2006

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

Thursday, September 07, 2006

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

Wednesday, September 06, 2006

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

Tuesday, September 05, 2006

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

Monday, September 04, 2006

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

Friday, September 01, 2006

01/9/06 Chart - 1

Dear All Trend line violation by nifty at 3425. [marked by green arrow]. Major resistance at 3449. [Today lesson is trend line violation, i hope for trend line we provide maximum no.of examples, so, from today if any one want to learn about this see the archives] Nifty will fall upto 3379. [50%]. Support 3413-3394-3379. Resistance at 3425-3436-3449. regds / SIVA.

Thursday, August 31, 2006

31/8/06 Chart - 1

Dear All See The indicators marked by arrow indicate that some bearishness in nifty or selling pressure at higher level. In the price chart notify that, nifty form the lower top. August F&O will be closed today, high volataility expcted. Keep strict stop loss for your trading. Resistance at 3436-3443. If nifty cross 3443 then only 3463. Support line 3412-3401. If break this level then 3398. regds / SIVA

Wednesday, August 30, 2006

Tipss_Bse_Nse - 30/8/06 Chart - 1

Dear All Nifty take negative divergence in RSI. So, some profit booking. See the reverse H&S take the nifty from 3313 to 3334 exactly [lower point 3313 and higher 3347, difference 37, pentrate the up trend line at 3401, so 3401+34=3435]. Nifty may touch the uptrend line 3407. Support at 3407, if it not manage to above this then only 3386. Resistance at 3467. then 3505. regds / SIVA

Tuesday, August 29, 2006

Tipss_Bse_Nse - 29/8/06 Chart - 1

Dear All See how trend line works. Nifty with positive open will provide the bullishness. Support level 3389-3371. Resistance 3425. If open above 3425 then next resistance is 3437-3462. regds / SIVA

Monday, August 28, 2006

Tipss_Bse_Nse - 28/8/06 Chart - 1

Dear All Nifty fully bullish towards todays target of 3421. Sligh down trend in profit booking expected. Resistance level 3395-3401-3421. If nifty manage to move above 3421 then 3456. Support at 3371-3360-3348. regds / SIVA

Friday, August 25, 2006

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

Thursday, August 24, 2006

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

Wednesday, August 23, 2006

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

Tuesday, August 22, 2006

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

Sunday, August 20, 2006

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

Friday, August 18, 2006

Tipss_Bse_Nse - 18/8/06 Chart - 2

Dear All For the past 4 days i repeatedly told the support 3343. It was broken and 9 day average up trend broken by nifty. Today trading is also rangebound with some 10 to 15 points. Next support level was 3330-3318. Nifty will fall once it break 3343. regds / SIVA

Tipss_Bse_Nse - 18/8/06 Chart - 1

Dear All Trend positive only in ROC. others are weak. Support 3335-3318. Resistance 3371-3385. regds / SIVA

Thursday, August 17, 2006

Tipss_Bse_Nse - 17/8/06 Chart - 2

dear all Rever H&S [with positive gap] Close watch in 3343. Next support 3336-3317. In my todays earlier chart i already told nifty will touch 3317 [only 12 points difference, actual 3329]. But dont carry short positions. Market move towards the higher target of 3500, if close above 3375 is positive tomorrow. rgds / SIVA

Tipss_Bse_Nse - 17/8/06 Chart - 1

Dear All Nifty chart good. There is no reason to downfall. Only profit booking is going on in the higher level. Next resistance level is 3371-3385-3400. But if nifty open below 3343 then next target and support level is 3317. Nifty's month end target is 3500. Firm up opening as world market expected. regds / SIVA

Wednesday, August 16, 2006

Tipss_Bse_Nse - 16/8/06 Chart - 3

Dear All Resistance level stronly at 3271. Nifty form double bottom on the full support line. Nifty will touch 3385 and 3397 and see the indicator also crack the down trend line and make an up movement. regds / SIVA

Tipss_Bse_Nse - 16/8/06 Chart - 2

Dear All Our first chart target maximum 3271. almost nifty try to move up from here for 3 hours. Support 3364-3355. If nifty cross 3371 then Nifty bullish next target 3385-3397. regds/SIVA

Tipss_Bse_Nse - 16/8/06 Chart - 1

Dear All Nifty open above 3330 [61.8%] indicates the next target is 3520. Support at 3297-3285-3275. Resistance 3330-3371. regds / SIVA

Friday, August 11, 2006

Tipss_Bse_Nse - 11/8/06 Chart - 1

Dear All Nifty open with minus opening will bearish the market. Resistance at 3277. Once open the above this level then market will be bullish. Resistance at 3277-3307-3351. Support at 3243-3229-3209. Signals are not favour nifty to up move. So, watch the gap opening. then decide the long and short regds / SIVA

Thursday, August 10, 2006

Tipss_Bse_Nse - 10/8/06 Chart - 2

Dear All See the up trend violate in Nifty chart and signal and see the first chart of today. We mentioned support 3229 as mentioned by arrow in this chart. regds / SIVA

Tipss_Bse_Nse - 09/8/06 Chart - 1

Dear All Bearish trend expected [marked by arrow] Pivotal point is 3160. Resistance at 3267-3311. Once crossed above 3160 then watch the sustainability for 15 min. then go long. Support 3229-3206. regds / SIVA

Wednesday, August 09, 2006

Tipss_Bse_Nse - 09/8/06 Chart - 2

Dear All

Target achieved at 3260. Triple top at 3260. if cross this then 3172-3183. But sideways movement from here expected. Two up Trend line violation by Nifty. Next support at 3251-3245-3235. regds/SIVA

Tipss_Bse_Nse - 09/8/06 Chart - 1

Dear All We fix the 3260 the maximum target today. Achieved and triple top and trend line violation today occur in nifty chart [market by arrow] The next suport levels are 3251-3245-3235. regds / SIVA

Tipss_Bse_Nse - 09/8/06 Chart - 1

Dear all The nifty rally surpraising yesterday. Today bear will take the charge. There is no good volume yesterda. Nifty just above the major resistance level. Nifty break the resistance after attempting 2 times. So, nifty manage to above this level will be bullish. But i think it is difficult to manage above this level. Resistance at 3229-3235-3260. Support 3203-3197-3187-3177 regds/SIVA

Tuesday, August 08, 2006

Tipss_Bse_Nse - 08/8/06 Chart - 1

Dear All - Nifty just below the 13 day moving average. Indicator also not favour the nifty. So, nifty touch 3127 first. Support at 3127-3117-3107. Resistance at 3167-3181-3199. regds / SIVA

Monday, August 07, 2006

Tipss_Bse_Nse - 07/08/06 Chart - 3

Marked the arrow for resistance and support, Range bound. from 3155 to 3147. Nifty signals are weak. so it will reach 3127 today or tomorrow regds / SIVA.

Tipss_Bse_Nse -07/08/06 Chart-1&2

Dear All

Both chart indicate the bearish trend in Nifty. Reason for Bearsihness is 1. Indicators violating the up trend line. 2. Nifty violate the up trend line. 3. Nifty form Head & shoulder. 4. Nifty form the lower top. 5. Already violation of head & shoulder's Uptrend line at 3189. So, Nifty will touch 3127. regds/SIVA