BSE INDICES CHANGES

Exclusions:		Inclusions:
Scrip Code	Name	Scrip Code	Name	FFF
532799	Ackruti City Ltd.	533292	A2Z Maintenance & Engineering Services Ltd.	0.25
532480	Allahabad Bank	532682	ABG Shipyard Ltd.	0.35
532929	Brigade Enterprises Ltd.	521070	Alok Industries Ltd.	0.60
532526	Dishman Pharmaceuticals & Chemicals Ltd.	532927	eClerx Services Ltd.	0.45
523618	Dredging Corporation of India Ltd.	533264	Electrosteel Steels Ltd	0.15
532786	Great Offshore Ltd.	532715	Gitanjali Gems Ltd.	0.50
500116	IDBI Ltd.	500227	Jindal Poly Films Ltd.	0.35
532187	IndusInd Bank Ltd.	530019	Jubilant Life Sciences Ltd.	0.55
502937	Kesoram Industries Ltd.	532747	Kingfisher Airlines Ltd.	0.35
522205	Praj Industries Ltd.	533293	Kirloskar Oil Engines Ltd.	0.40
500413	Thomas Cook (India) Ltd.	524372	Orchid Chemicals & Pharmaceuticals Ltd.	0.70
532144	Welspun -Gujarat Stahl Rohren Ltd.	533274	Prestige Estates Projects Ltd.	0.20
		533295	Punjab & Sind Bank Ltd.	0.20
		533262	Ramky Infrastructure Ltd.	0.20
		519260	Sanwaria Agro Oils Ltd.	0.30
		533228	SKS Microfinance Ltd.	0.30
		503806	SRF Ltd.	0.55
		509930	Supreme Industries Ltd.	0.50
		533281	Techno Electric And Engineering Co Ltd.	0.50
		533266	Tecpro Systems Ltd.	0.25
		513216	Uttam Galva Steels Ltd.	0.30
		533269	VA Tech Wabag Ltd.	0.45

• BSE Small-Cap Index

Exclusions:		Inclusions:
Scrip Code	Name	Scrip Code	Name	FFF
532682	ABG Shipyard Ltd.	532351	Aksh Optifibre Ltd.	0.50
532974	Aditya Birla Money Ltd.	526707	Alchemist Ltd.	0.75
521070	Alok Industries Ltd.	532664	Amar Remedies Ltd.	0.60
531683	Ankur Drugs & Pharma Ltd.	533271	Ashoka Buildcon Ltd.	0.25
532507	B.A.G. Films & Media Ltd	532797	Autoline Industries Ltd.	0.70
500046	Best & Crompton Engineering Ltd.	533095	Bengal & Assam Company Ltd.	0.35
533059	Brandhouse Retail Ltd.	514215	Binny Ltd.	0.30
533011	Coral Hub Ltd.	532929	Brigade Enterprises Ltd.	0.45
532760	Deep Industries Ltd.	533276	BS Transcomm Ltd.	0.40
500068	Disa India Ltd.	533260	Career Point Infosystems Ltd.	0.25
532927	eClerx Services Ltd.	530191	Chromatic India Ltd.	0.40
504000	Elpro International Ltd.	533288	Claris Lifesciences Ltd.	0.25
532666	FCS Software Solutions Ltd.	533272	Commercial Engineers & Body Builders Co. Ltd.	0.25
532726	Gallantt Metal Ltd.	532526	Dishman Pharmaceuticals & Chemicals Ltd.	0.40
532715	Gitanjali Gems Ltd.	523618	Dredging Corporation of India Ltd.	0.25
518029	Gujarat Sidhee Cement Ltd.	533261	Eros International Media Ltd.	0.20
532894	Indowind Energy Ltd.	530263	Global Capital Markets Ltd.	0.95
500227	Jindal Poly Films Ltd.	533282	Gravita India Ltd.	0.30
502335	Jolly Boards Ltd.,	532786	Great Offshore Ltd.	0.55
532747	Kingfisher Airlines Ltd.	524826	Jupiter Bioscience Ltd.	0.90
532368	Lanco Global Systems Ltd.	505890	Kennametal India Ltd.	0.15
513605	Lanco Industries Ltd.	502937	Kesoram Industries Ltd.	0.75
524232	Maharashtra Polybutenes Ltd.	514446	LS Industries Ltd.	0.05
519323	Murli Industries Ltd.	500264	Mafatlal Industries Ltd.	0.35
524372	Orchid Chemicals & Pharmaceuticals Ltd.	500268	Manali Petrochemicals Ltd.	0.60
532690	Ramsarup Industries Ltd.	500298	National Peroxide Ltd.	0.35
502090	Sagar Cements Ltd.	532607	Ontrack Systems Ltd.	0.75
507315	Sakthi Sugars Ltd.	533263	Orient Green Power Company Ltd.	0.40
519260	Sanwaria Agro Oils Ltd.	531768	Poly Medicure Ltd.	0.55
502180	Shree Digvijay Cement Co. Ltd.	522205	Praj Industries Ltd.	0.70
503806	SRF Ltd.	526927	Religare Technova Ltd.	0.25
531866	Subhkam Capital Ltd.	532140	RM Mohite Textiles Ltd.	0.30
532711	Sunil Hitech Engineers Ltd.	532731	Rohit Ferro-Tech Ltd.	0.50
509930	Supreme Industries Ltd.	533168	Rossell Tea Ltd.	0.30
532262	TCI Industries Ltd.	532468	SRF Polymers Ltd.	0.30
533216	Technofab Engineering Ltd.	532782	Sutlej Textiles & Industries Ltd.	0.40
509055	Visaka Industries Ltd.	505400	Texmaco Ltd.	0.55
514162	Welspun India Ltd.	500413	Thomas Cook (India) Ltd.	0.25
532039	Zenotech Laboratories Ltd.	532349	Transport Corporation of India Ltd.	0.35
		532660	Vivimed Labs Ltd.	0.50
		531217	Western India Shipyard Ltd.	0.35
		533287	ZEE Learn Ltd.	0.60

• BSE-500 index:

Exclusion		Inclusion
Code	Name	Code	Name	FFF
532345	Gati Ltd.	533286	MOIL Ltd.	0.20
532901	Koutons Ltd.	530019	Jubilant Life Sciences Ltd.	0.55

• BSE PSU index:

Exclusion		Inclusion
Code	Name	Code	Name
…	…	533286	MOIL Ltd.

• BSE Healthcare index:

Exclusion		Inclusion
Code	Name	Code	Name	FFF
…	…	530019	Jubilant Life Sciences Ltd.	0.55

Trend Line [03-01-2011]

Trend Line [31-12-2010]

Technical View of Nifty / Technical view of Market Trend  : 

Technical View of NIFTY : 

Momentum RSI at 92 in Daily Chart. 

ADX +DI just crossed 30.

Money Flow indicator at 72. 

Golden Cross indicator issued buy signal 3 days before.  

Nity closed above previous high 6069. 

William'sR at Over bought zone and average of WR at -14.

Chart view of NIFTY :

-ve breakout trend line resistance at 6189-6194.  

Elliott Wave target of this swing from 5720 is at 6121-6130

(Previous high and profit booking zone.)

Expected profit booking around Elliot wave target and retraced 

upto TDL Trend support. The positive breakout and mid term trend line

coinside at the same place 6038-6025. Implies Very strong support.  

Option 1: Once Nifty hold this trend support

then possible for 6232-6250. 

Option 2 : Once Nifty fails to hold 6038-6025, then target may be around 5827-5800

YESTERDAYS COMMENTS : 38.2% of swing from 6338 [previous high] to 5690 [previous low]
at 6090. But Stiff resistance in the range 6063-6076 [previous highs 27th August
29th August, 27th October, 18th November, 6th December and 29th December].
So the range may be from 6076-6090. Expected some retracement from here.
Only because of the F&O expiry today, Once its sustained above 6090
and closed above this level for 2 consecutive days, then Nifty
try to go upto 6118-6130. So be cautious if you are in short.
EMA support at 6023-6017 in hourly and 5980-5973 in daily
Bulls try close above 6103 , Bears try to close below 6090
Wait and watch.

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 Open,High,Low and Close
200 Day Exponential Moving Average, 50 EMA and 13 EMA,
International Standard levels Like Pivot, Support & Resistance
Intraday Templates Support & Resistance,
Fibonacci Trading Support and Resistance,
Fibonacci Trend Support and Resistance

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

Elliott Wave [30-12-2010]

Technical View of Nifty, Trend and Market : 

38.2% of swing from 6338 [previous high] to 5690 [previous low]

at 6090. But Stiff resistance in the range 6063-6076 [previous highs 27th August

29th August, 27th October, 18th November, 6th December and 29th December].

So the range may be from 6076-6090. Expected some retracement from here.

Only because of the F&O expiry today, Once its sustained above 6090

and closed above this level for 2 consecutive days, then Nifty 

try to go upto 6118-6130. So be cautious if you are in short.

EMA support at 6023-6017 in hourly and 5980-5973 in daily

Bulls try close above 6103 , Bears try to close below 6090

Wait and watch the Game.

Nifty Trade support 6043-6037 Resistance 6069-6095.

Nifty Trend support 6024-6020 resistance 6090-6108

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 Open,High,Low and Close

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

International Standard levels Like Pivot, Support & Resistance 

Intraday Templates Support & Resistance,

Fibonacci Trading Support and Resistance, 

Fibonacci Trend Support and Resistance 

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 

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 - SHIVA

Infosys Chief

Read the complete Article : She talked about Nehru's sickness and how it had upset father since he was worried about the future of the country. I, too, was distressed since we rarely saw our father in such a mood. That was when my grandmother, a hardly-literate but very clever woman, told her son not to worry - after all the country had survived Rama, Krishna, Buddha and Gandhi.

My grandmother's words are as true today for a corporation as they were then for our nation. Men may come and men may go but corporations should go on forever. 
http://businesstoday.intoday.in/bt/story/11637/1/n.r.-narayana-murthy-on-leadership.html?source=BT291210

Fibonacci [29-12-2010]

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

Details in Table : Previous Day Open,High,Low and Close

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

International Standard levels Like Pivot, Support & Resistance 

Intraday Templates Support & Resistance,

Fibonacci Trading Support and Resistance, 

Fibonacci Trend Support and Resistance 

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 

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 stop 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 Trade support 5990-5983 Resistance 6004-6014

Nifty Trend support 5970-5963 resistance 6033-6042

Fibonacci [28-12-2010]

View of Market : Nifty Chart and Nifty Analysis with Nifty Technical Details with

Standard levels with predicted TDL trading and trend support, resistance

Negative breakout trend line coinside with the previous high and 

medium support line coinside with Fibonacci retracement 78.6%

implies range bound.

Nifty Trade support 5989-5983 Resistance 6023-6030

Nifty Trend support 5970-5963 resistance 6069-6081

Trend Line [27-12-2010]

NIFTY CHART with NIFTY ANALYSIS and View of the

Market for Trading and Trend supports and resistances

Nifty exactly takes the resistance below the negative

breakout resistance, so sideways with -ve bias for 1-2 days.

Short term and mid term support at 5963, FIBO levels also

co-inside at TREND support.  Keep long with Strict sl.

Fibonnacci [24-12-2010]

Highly over bought in Daily zone, Bullish zone on Hourly zone implies high

volatile market with then and there profit booking

5900 is crucial level for nifty on closing basis for further weakness

Fibonnacci [23-12-2010]

Elliot Wave [22-12-2010]

Trend Line [21-12-2010]

Fibonnaci [20-12-2010]

Nifty Trade Support level 5924-5917, resistance 5956-5963

Nifty Trend Support level 5894-5888, resistance 5994-6000

CASH NIFTY Analysis : NIFTY CHART 

Todays closing CASH NIFTY level is very important, consecutive 

close above 5963 for two days then minimum target 6060-6090, 

Expected short covering above this level.  This Triangle formation

is bullish,  But cluster of resistance are there. so wait and watch 

the closing level for further action.

Life in Elliot Wave

Should the Government learn the Elliott wave Principle

Author: Eric Morera
The Elliott wave principle is a huge part of our life , many of us do not notice how our life runs in cycles .Since the moment we are born our life is a impulse to the moment we die . As a Kid , we learn to walk speak and go to school , that wave 1, then come teenagers mistake , huge mistakes , that is wave 2 , then come the best part , we finished University , we start making money we are the kings , every thing is powerful , we can do everything, that is wave 3 , then come the mid-life crisis , wave 4 and then the Fifties  , we are producing but the energy is gone , not momentum that is wave 5. at 65 we retired and come wave a we feel bad , depressing, we have to much time that is wave A , then we learn to live in retirement , a false recovery wave B, and then come the end , wave C when we die , and then a new life begin , a new cycle begin. That Is life fellow and that Is reality.

Mr Elliott did not realized what he was discovering when he did , government , countries , everything follow a cycle . I was Listening to our president today and I came with the idea , that  our government should learn the Elliott wave principle. They should know that  like humans life is a cycle , economic is a cycle . I saw our president extending the unemployment benefit , wanting to increase the Tax break to the only people who create Jobs what a mistake. Our economic world saw a great wave of reality in 2008 .If our government would know the Elliott wave principle , they should know that this is wave B when false recovering happen , when the unemployment is extended , when people are paid $ 8000 .00 dollars to buy a house , when they are paid to buy even car, all those are illusion or false recovery . lets credits the Job creators and our illusion base recovery will become reality . Wave C will happen yesterday the S&P printed a new 2 years high in other word has take 2 years to recovery the 61.8% of the lost in 2008 , there is not momentum to the upside , how it will be if it is a illusion . I will said again , Government , should learn the Elliott wave principle and until wave C happen not a new economic cycle will begun, we should be taking measures to pass the storm , instead of wasting money creating a wave B false recovery . I will teach the president Elliott wave Principle  if he wants.
Article Source: http://www.articlesbase.com/currency-trading-articles/should-the-government-learn-the-elliott-wave-principle-3830407.html
About the Author
Eric Morera senior expert at Elliott Wave Forecast, provide technical analysis for forex investor based at Elliott Wave Principle

Fibonnaci [16-12-2010]