SRK TRADING CALLS: NIFTY VIEW FOR CRUCIAL WEEK & TRADING IDEAS FOR 23RD NOV 09

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

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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

Sunday, November 22, 2009

NIFTY VIEW FOR CRUCIAL WEEK & TRADING IDEAS FOR 23RD NOV 09

Hi friends,

NIFTY CLOSED ABOVE 5000 AS PER MY EXPECTATION IN THIS WEEK AS TOLD HERE:-

5K CLOSE PREDICTION

AS PER TIME ANALYSIS FRIDAY GIVEN REVERSAL WHERE AS WEDNESDAY CHOPPY
SESSION AS PER EXPECTATION ON 15TH NOV 09 POST NEXT REVERSAL WE CAN EXPECT
ON TOMORROW (LITTLE REVERSAL} i.e., MONDAY { 23.11.09} ,NEXT IS FRIDAY i.e., { 27.11.09}

AS EXCPECTED NIFTY CLOSE WELL ABOVE 5000 IN THIS WEEK CANDLE
SUPPORT SEEN @ TREND LINE MENTIONED LITTLE WAY HIGH TO THE LINE
WHICH IS SHOWING NO WEAKNESS IN THIS WEEK , IN THE SAME WAY HORIZONTAL
TREND LINE SHOWING RESISTANCE @ 5079 WHICH IS TESTED 3 TIMES IN RECENT RALLY
SHOWING HIGHER TOPS ,IF THIS IS BROKEN MY TARGET OF 5177 IS REACHABLE IN A SESSION
ITSELF, LET US SEE WHAT HAPPENS,HOPE FOR THE BEST ,CHEERS