MY GOLDEN QUOTE TO ALL TRADERS

TRADE WITH TREND
DON'T CHALLENGE THE MARKETS
RESPECT THE MARKETS
IT WILL ALWAYS GIVES YOU PROFITS IF YOU DO SO

CATCH ME

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RAJESH.SALADI™ Call us @ 09573399376 Contact @ srknifty@yahoo.com in yahoo srknifty@gmail.com in gtalk srknifty in skype

GOLDEN TIP FOR BEGINNERS

WHEN A INDEX OR SCRIP OPEN ,LOW ARE SAME AND HIGHER THAN PREVIOUS CLOSE {REMEMBER MUST BE HIGHER THAN PREVIOUS CLOSE} , THEN DON'T SHORT THAT SCRIP WHERE AS IN OTHER WORDS , YOU CAN TRY LONG IN THAT COUNTER

&

WHEN A INDEX OR SCRIP OPEN,HIGH ARE SAME AND LOWER THAN PREVIOUS CLOSE {REMEMBER MUST BE LOWER THAN PREVIOUS CLOSE} THEN DON'T GO LONG IN THAT SCRIP WHERE AS IN OTHER WORDS , YOU CAN TRY SHORT IN THAT COUNTER

DISCLOSURE:- THIS IS MY PRACTICAL OBSERVATION IN MY TRADING JOURNEY AND I PUT THIS AS A THEORY FOR MY OWN TRADES , THIS IS NOT ANY ONE'S , OR NOT WRITTEN IN ANY TECHNICAL BOOKS
SOME COPY CATS COPYING THIS
TOTAL SENTENCE TO THEIR BLOGS OR WEBSITES

SO, IT IS YOUR RISK IF U DO ACTIONS ON THIS THEORY

Saturday, February 23, 2008

SENSEX & NIFTY TRADING LEVELS AND F & O PICKS & EQUITY PICKS FOR THIS WEEK



GLOBAL MARKETS LOOKING WEEK

TREND DECIDING WEEK BCOZ OF F & O SETTLEMENT ON 28TH AND UNION BUDGET ON 29TH OF THIS MONTH

MAJOR SUPPORT FOR THE SENSEX IS 16800

MAJOR SUPPORT FOR THE NIFTY IS 5000 , ANY CLOSE BELOW THIS LEVEL MAY TAKE TO LOWER LEVELS OF JANUARY

F & O PICKS :-

HOTEL LEELA : CMP 50 TARGET 70

CIPLA : CMP 194 TARGET 240

BEML : CMP 1124 TARGET 1300

EQUITY PICKS: -

CUBEX TUBINGS: CMP 68 TARGET 125

GOKALDAS EXPORTS:CMP 235 TARGET 350