Trend line [22-11-2010]

Trend line [19-11-2010]

Nifty Trade Support 5980-5976, Resistance 6017-6031
Nifty Trend Support 5956-5943, Resistance 6065-6088
Wait and watch the momentum of the market Sl for
long is Trend Support on closing basis

Trend line [18-11-2010]

CLUSTER OF SUPPORT 5976-5966-5955 and 5937-5921-5900-5888

Typing mistake in TDL Trend support 5937-5921 [not 5937-5321]

Intraday Nifty

Trend line [16-11-2010]

Trend Line [15-11-2010]

Trend line

Trend Line [11-11-2010]

Fibonnaci [10-11-2010]

Fibonnaci [09-11-2010]

Bloomberg

Nov. 8 (Bloomberg) -- The euro weakened for a second day as concern that governments in the region will struggle to pay their debt increased before Ireland opens its books to European Union officials. U.S. benchmark stock indexes retreated from two-year highs and platinum and crude oil declined.

The euro fell against 11 of its 16 most-traded peers, weakening 0.6 percent to $1.3942 at 9:36 a.m. in New York. The Standard & Poor’s 500 Index lost 0.3 percent after last week reaching a two-year high and its most-expensive valuation since May. Irish bonds slid for the 10th day, the longest decline in almost two years. Greek debt rallied as Prime Minister George Papandreou’sparty headed toward victory in local elections.

Trend Line [08-11-2010]

Fibonnaci [05-11-2010]

Elliot Wave indicator [04-11-2010]

comments

Dear Sri SIV KUMAR

It was indeed very informative conversation we had over phone and your valuable guidence imparted for learning technical anlysis is highly admirable and i am highly obliged for your such kind gesture.

i shall feel highly obliged if u can suggest some other site to learn this or any other books u have come across.

with regards

P.D.KABRA
CHENNAI
09381012837

comments

Hi,

Shiva sir ,
Im murugan from chennai.interested share market .

Im interested technical analysis method charts.........
how to drawn nifty daily charts exactly ,
yours daily nifty chart absolutly  exact point.

please kindly my request.


Thanking you

Murugan mk
7299235528

Comments

bharathishare@yahoo.co.in

Hello

  

        Siva Kumar sir ,My name is Bharathi from Kanchipuram dist Tamilnadu .I saw your tips with chart in tipssbsense.blogspot.com ,it is very good. I made profit from your advice thank you ,i am in small village but i want to like to trade in forex but i dont know proper gidence ple tell me about forex thank you very much sir .

                  Thank you                                                                                     yours friendly

                                                                                               

                                                                                                                      V.BHARATHI


Thanks

Bloomberg

Nov. 3 (Bloomberg) -- The Federal Reserve will buy an additional $600 billion of Treasuries through June, expanding record stimulus and risking its credibility in a bid to reduce unemployment and avert deflation.

Policy makers, setting a pace of about $75 billion of purchases a month, “will adjust the program as needed,” the Fed’s Open Market Committee said today in a statement in Washington. The central bank left unchanged its pledge to keep interest rates low for an “extended period” after Chairman Ben S. Bernankesaid it could be modified in some way.

While Bernanke’s near-zero rates and $1.7 trillion in asset purchases helped end the recession, the Fed said progress has been “disappointingly slow” in bringing down joblessness close to a 26-year high. The risk is that the move doesn’t work or fuels inflation and asset bubbles, said Paul Ballew, a former Fed economist and a senior vice president at Nationwide Mutual Insurance Co. in Columbus, Ohio.

Bloomberg

Nov. 3 (Bloomberg) -- U.S. stocks fell, with benchmark indexes retreating from six-month highs, and oil pared its gain while Treasuries extended their advance as investors awaited the Federal Reserve’s plans to stimulate the American economy.

The Standard & Poor’s 500 Index, which closed at the highest level since May 3 yesterday, slipped 0.3 percent to 1,189.49 at 12:20 p.m. in New York after fluctuating earlier. Oil was little changed after rallying above $85 a barrel earlier. Silver, coffee and copper led losses in commodities. The 30-year Treasury yield climbed five basis points to 3.88 percent. The Dollar Index increased 0.2 percent.

FED Meeting today

Stock futures pointed toward a modestly-higher open Wednesday ahead of the Federal Reserve's monetary policy decision later today, which most expect will contain an announcement of the Fed's quantitative easing strategy.

As of 8:20 a.m. in New York, the Dow Jones Industrial Average futures rose 14 points, or 0.13%, to 11166.00, the S&P 500 futures were up 1.1 points to 1193.80 and the Nasdaq 100 futures rose 1.25 points 2151.50.

As it has been long predicted, the Republicans took control of the House of Representatives in yesterday's mid-term elections and Rep. John Boehner will likely become the next Speaker of the House. The only surprise may have been the re-election of Senate Majority Leader Harry Reid, which polling showed the race could have gone for Reid or Republican challenger Sharron Angle.

And in today's Fed meeting, economists and the broader market have long forecasted that the central bank will announce some sort of quantitative easing strategy in its meeting immediately following the mid-term elections. A decision by the Fed is expected shortly after 2 p.m. ET. 

Wall Street will get a whole host of economic data before and after the market open today which will weigh on the markets as well.

ADP Macroeconomic Advisers said Wednesday that the private sector hired 43,000 workers in the month of October, nearly double what economists had been looking for.  The ADP report is used to forecast Friday's closely-watched government jobs report, which is expected to show the U.S. economy created 60,000 non-farm jobs and the unemployment rate remained at 9.6%.

Also out this morning is the ISM Services index and the Commerce Department's report on factory orders both at 10 a.m. ET.

The major auto makers will also report their October sales data starting at around 12 p.m. ET. 

In commodities, oil was up 1% to $84.71 a barrel and gold was up 0.12% to $1,358.50 a troy ounce.