Wednesday, September 20, 2006

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