13/10/06 Chart-1

Dear All See the R.H&S formation in nifty. Nifty in bullish trend. But overall sentiment reading in top counters in bearish. We maintain support level 3587. Below that fresh selling pressure will come. Buy Nifty above 3608 for the target of 3627-3648. Support 3608-3597-3587. regds / SIVA

12/10/06 Chart-1

Dear All Negative divergence in Stochastic. Lower low creation in Price chart marked by 1. Lower top creation marked by 2. From 3rd arrow nifty will touch 3538-3511. some support in 3538 is possible. But technically upto 3511 is on card. SHORT NIFTY for the target of 3511 with sl 3570. Suppot 3544-3528-3508. Resistance 3581-3603. regds / SIVA

11/10/06 Chart-1

Dear All We maintained yesterdays resistance and support level. regds / SIVA

10/10/06 Chart-1

Dear All 1st chart shows the lower top was created and rising wedge again & Nifty breach the rising wedge also. This implies that Nifty will breach the previous below of 3546. In 2nd chart see the first Fibonacci every lower top creation will breach the previous low. The same will happen in the second Fibonacci. So Support 3538-3522-3502. Resistance 3588-3606. Short Nifty with sl 3588 for the target of first 3538. If breach this level then 3522. regds / SIVA

09/10/06 Chart-1

Dear All Clear rising wedge, has bearish implications. Distribution also take place [marked by arrow, ie. lower top creations, so another lower bottom will be created]. Short NIFT. Nifty touch 3544. If breach this level next support 3530-3509. Resistance 3581. regds / SIVA

06/10/06 Chart-1

Dear All See the every lower top creation will create one top then form the lowest lower bottom [ie. lower then the previous low, marked by yellow and royal arrows]. So, fall will be definite. Short Nifty. regds / SIVA

05/10/06 Chart-1

Dear All See the yellowline 100% correction from 3564 to 3603 two times. Also see the royal lines from 3521 to 3603 again 100% correction . But this time correction was above 50% from 3440, [marked by up and down arrow] so upto 3502 possible. that we expect maximum low. If nifty breach this level then 3480 [marked by round]. This is the opportunity to buy. for the target of 3550 in one or two days. Support 3502-3480. Resistance 3521-3540. Then 3564. So, Buy NIFTY arround 3502 with a sl of 3480 for the target of 3550 in one or two days. regds / SIVA

04/10/06 Chart-2 Intra

Dear All see the support level i mentioned in 3520, and the resistance level created arround 3600 [also marked by arrow, double top] that is double bottom marked by arrow. See the 100% correction within 6 days from 3520 to 3602 again 3520. Also note the parallel lines. Support 3520-3507. Resistance 3534-3548-3558. Go long with the sl of 3507. at regds / SIVA

04/10/06 Chart-1

Dear All Positive opening expected. Today is for bottom fishing. Buy NIFTY arround 3552 with a sl of 3539. if 3552 break then 3520 not rulled out, market will weak afterwards. But i hope that nothing will be negative for nifty. Support 3552-3539-3520. Resistance 3571-3583-3602-3623. regds / SIVA

03/10/06 Chart-1

Dear All BUY NIFTY arround 3575 for the target of 3623. Some bullish flag formed within 4 days. regds / SIVA

28/9/06 Chart-2 Intra

Dear All R.H&S formed High point 3593 low 3569. penetrate at 3574. so the target is 3598. so Buy Nifty for the target of 3598. Next resistance at 3619. regds / SIVA

28/9/06 Chart - 1

Dear All BUY NIFTY above 3585 with sustainability for 10 minutes for the target of 3620. Nifty on support zone of 3579. If it fails to maintain this level then next support zone 3575-3562. I hope the total market movemt today is flat. One pivot is 3562. If it fails then panic. Resistance level 3619. regds / SIVA

27/9/06 Chart - 1

Dear All Buy NIFTY. Resistance 3589-3617-3632. Support 3555. regds / SIVA

26/9/06 Chart - 1

Dear All BUY Nifty above 3525. Nifty will touch 3537-3549-3561. Support at 3515-3502. Below this no one can stop the downfall. regds / SIVA

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

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

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

20/9/06 Chart - 2

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