SRK TRADING CALLS: ARE YOU READY FOR 5177 ?

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

Monday, November 9, 2009

ARE YOU READY FOR 5177 ?

Hi friends,

nothing special, happened what expected, break out on upside as told in friday post here : - 6.11.09 HOURLY CHART

Also happened as per time analysis posted here : - NIFTY TIME ANALYSIS CHART

Now, what next is the question?

4860 IS STOP PROFIT NOW AND RIDE UNTIL U R STOP PROFIT WILL HIT

50 EMA {4829.45}& 20 EMA {4866.74}CROSSED ON ONE DAY ITSELF
NOW, WHO WILL SAVE BEAR CAMP FOR THEIR SHORTING
@ 4538 LEVELS? ,LET US SEE

Let us see what will happen for bears who shorted @ 4538 level?

Make fun of them for their wrong predictions and wrong idea of shorting @ that level

Watch to cross of 4938 which is 61.8% retracement , i am sure tomorrow will break that too, let us see

after that what next?be ready for 5177 is my answer as told here : - NIFTY HOURLY TRIANGLE

regards,

rajesh

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