27/10/06 Chart - 1

Dear Still I am bearish. CMP 3677. SHORT NIFTY at higher level with sl 3684. Nifty below 3668 will lead to new lows. Support 3658-3637-3616. Resistance 3684. All regds / SIVA

26/10/06 Chart-1

Dear All Graph is self explanatory. SHORT NIFTY in every higher level [CMP 3657] for the target of 3560 with sl 3670. Negative News, Profit Booking, F&O Closing will create panic. I hope that positve opening will be used to short. regds / SIVA

23-10-2006 - Chart 1

Dear All Short Nifty for the Target of 3643 with sl 3666 [cmp 3660]. Apex Crashed Double Top formation. regds / SIVA

21/10/06 GREETINGS

Dear All VERY HAPPY DIWALI TO YOU & ALL YOUR LOVED ONES, may this diwali bring lot many good thing to you in future , have a wonderful diwali from U'rs SIVA

21/10/06 GREETINGS

WISH U & U'rs Family Happay Diwali from U'rs SIVA

20/10/06 Chart-1

Dear All Positive opening above 3695 will lead nifty towards to 3710-3726. Negative opening below 3660 will crack nifty towards 3643. I expect some bottom fishing level is 3660-3664 with high risk. Buy Nifty above 3695 for the target of 3710-3726 with sl 3685. regds / SIVA

19/10/06 Intra Chart-1

Dear All see 100% correction from 3657 to 3728. Buy Nifty with sl 3657 [cmp 3670] . Target of 3684-3692. support 3657. regds / SIVA

19/10/06 Chart-1

Dear All Descending Triangle Formation. Probability of an down trend breakout from this pattern is quite high. But overall sentiment of the market is bullish. So, positive opening above 3728 will lead the rally. Below 3694 will breach the nifty to the new low. Resistance 3728-3742. Support 3694-3680. Buy nifty above 3730 for the target of 3737-3749 with sl 3706. regds / SIVA

18/10/06 Chart-1

Dear All Lower Top Creation with double sliding wedge pannel. So volataility is not rulled out. Also Three inside down pattern formed in candle stick format. So Sell nifty below 3690 for the target of 3670 with sl 3698. [this only if negative gap opening]. Below 3706 will be bearish. Resistance 3728-3746. Support 3706-3698-3690-3670. regds / SIVA

17/10/06 Intra Day-2

Dear If Nifty cut the below support line [3706] then the target will be 3699-3690. Below this will create fresh selling pressure for the target of 3670. regds / SIVA

17/10/06 Chart-1

Dear All Double top formation, so Selling pressure arround 3728. Nifty above 3728 will be good for long for the target of 3764. Support 3714-3706. Resistance 3744-3764-3777. BUY NIFTY arround 3706 for the first target of 3728 then 3744 with sl 3690. regds / SIVA

16/10/06 Chart-1

Dear All Buy Nifty arround 3648 with a sl 3640 for the target of 3682. Support 3648-3629. Resistance 3682-3715. If opening with +ve gap is used to book the profit your long positions. regds / SIVA

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