Tipss Bse Nse - 21/07/2009 - Chart 1

Elliot Wave resistance and Negative breakout line Falling

wedges implies the target 4800+++. But Wave resistance

be at 4543. Once Close above 4550 and traded above

for 25-30 min then target may be 4800+++.

Tipss Bse Nse - 20/07/2009

Intraday players will book profit gradually from 4440. Open arround these levels will drag nifty and only for intraday profit booking. More space in day chart for upside and OBZ in hourly chart implies high volatility in intraday trading. Closing above 4500 is very positive, then dont remain in short side.

Tipss Bse Nse - 17/07/2009 - Chart 1

Above TDL trend resistance then 4377-4389 next profit booking level for intraday traders. Hourly chart provides some profit booking in every rise. Dont remain short if nifty close above 4317.

Tipss Bse Nse - 16/07/2009 - Chart 1

In hourly chart all the indicators are in Over Bought Zone. Daily Charts says more space in up side. So dont create any fresh short above 4365. Swing traders will book profit arround Wave and trend resistance.

Tipss Bse Nse - 15/07/2009

Tipss Bse Nse - 14/07/2009 - Chart 1

Wave support and wave resistance will swing the nifty to +ve zone in intra. Wave calculator provides some Swing trade (software) in +ve side today in intra.

Tipss Bse Nse - 13/07/2009

International Market will drive our market also. The positional Bearish condition will persist upto the 61.8% of FIB Calculator for the previous peak[6357] and low[2252] as 3820-3800. Expect some set of bounce back in ntraday arround 3940-3927.

Tipss Bse Nse - 10/07/2009 - Chart 1

Yesterdays Prediction "Bulls should maintain above 4050-4040 [EXACT L 4039.85]. Rangebound market today with negative bias. International markets are also flat with +ve closing. European market opening will made some impact on our market too.

Tipss Bse Nse - 09/07/2009 - Chart 1

Max level for long in intra 4040[weekly support 4050] Bulls should maintain support in intra 4050-4040.

Tipss Bse Nse - 08/07/2009 - Chart 1

Rangebound with negative bias. Gap down is +ve for intra so dont short if nifty open in gap down, Some bounce back expected. Trend is negative. Better to avoid trading today.

Tipss Bse Nse - 07/07/2009 - Chart 1

Intraday profit booking is advisable for long. Closing Below

yesterday's low 4133 will lead nifty to 4070-4050. H&S

formation will provide the target 4070-4050. Positive Breakout

& Negative breakout neck lines at the same place implies

strong resistance

Yesterday's Close break both wave support and Major

trend line support.

Tipss Bse Nse - 06/07/2009 - Chart 1

Pennant , Falling wedge , Flag formation without volume.

so volatility will be too high and profit booking will come

then and there. Trading above 4500 for 15-20 minutes or

closing above 4500 implies the BUDGET Rally

That will lead nifty towards the positional target.

Tipss Bse Nse - 03/07/2009

Central Railway Budget Highlights & Expectation of Central Budget Will be the key players of market today. Wave support [software link] and Trend Support are at same place implies Good support arround there. Once closing below 4250 will be very negative and nifty will drage upto 4140-3878. [projection]

Tipss Bse Nse - 02/07/2009

There is no shorting opportunity, if closing above 4420. Intraday profit booking arround TDL trend resistance will make some volatility for profit booking. Over all market in bullish bias with profit booking then and there. Trend line and WAVE resistance at the same range. So, be cautious arround TDL trend resistance. Wait and watch before going to buy at TDL trend resistance.

Tipss Bse Nse - 01/07/2009 - Chart 1

Very very crucial and rangebound support and resistance now for nifty. Once close below 4250 then next positional target 4180-3878. Major trend line support at 4260. Do you interest to find support and resistance

Tipss Bse Nse - 30/06/2009 - Chart 1

Wave support and Trend Support will help the nifty to make some +ve momentum. Williams R indicator in Over bought Zone implies the volatility with profit booking in every rise.

Tipss Bse Nse - 29/06/2009 - Chart 1

Rangebound with profit booking at every resistance in INTRA Hourly chart in overbought indicator and daily chart provide some buying opportunity after breakouts in hourly chart.

Tipss Bse Nse - 26/06/2009 - Chart 1

systematic movement with rangebound Market overbought

in hourly chart and oversold in day chart. So i expect some

high volatility with profit booking in intra everywhere and then

and there. Dont wait for target in both side. If you are in

profit then book it.

Tipss Bse Nse - 25/06/2009 - Chart 1

Yesterday itself i mentioned there is no shorting opportunity

in the market. Yesterday's Bullish brekout on Falling wedge

Pattern suggest some more +ve momentum in coming days

Additionaly with the expecation of BUDGET & F&O Closing

will add the fuel to the market. Day before ysterday i told for

Bottom fishing arround 4140.

Tipss Bse Nse - 24/06/2009 - Chart 1

YESTERDAY EXACTLY as per my expectation and mentioned

opening at support is only for buying opportunity works.

From there nifty closed +++++++++++ve. Today also there is

no shorting opportunity in the market. Some consolidation with +ve

bias and profit booking.

Tipss Bse Nse - 23/06/2009 - Chart 1

From my 18-06-2009 chart I mentioned some major -ve breakout with cautious for -460 possibility from 4586 [Target 4126-4119] Global sentiment will drag nifty towards target. Gap down arroud the support will be buying opportunity so dont short arround TDL trend support.

Tipss Bse Nse - 22/06/2009 - Chart 1

Cluster of support implies the high volatility calculator F&O expiery will boost the volatility with volume. Bulls should sustained above 4354 for further move to nort side. Short covering will come above 4354. Pre-budget rally will be +ve only if nifty above 4365.

Tipss Bse Nse - 19/06/2009 - Chart 1

LATEST & NEW BOOKS Nifty opening and trading will be good only if opening/traded

above 4280 Every rise is for profit booking. European market

opening will trag/leadnifty today. Intraday Trading will be flat all over

the day upto 2.30 with +ve bias. Below 4220 supports 4180, 4162,4150.

Above 4280 resistance 4311,4340 and 4367.

Tipss Bse Nse - 18/06/2009 - Chart 1

Yesterday itself i mentioned major negative brekout in Chart,

be cautiouson longs and Global cues drag nifty as expected. Some

more correction on card after intraday pullback. So use every high

for profit booking. Watch the counters like Dr.reddy, EIH, Ivrprime