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

Monday, November 2, 2009

NIFTY VIEW FOR CRUCIAL WEEK





AS TOLD IN LAST WEEK, MARKETS BROKEN CRUCIAL LEVELS
 OF 50 EMA {4834.91} & 70 EMA { 4734.13} ALSO. AS OF NOW
SUPPORT SEEN @ 4580 WHICH IS 100 EMA, IF IT BREAKS ,
NEXT SUPPORT SEEN @ 4359, WE SHOULD EXPECT RECOVERY FROM 100 EMA
IF NOT ,MORE DOWN SIDE WILL COME, IF IT BREAKS 4580
THEN LOWER BOTTOM WILL FORM IN DAILY CHART,
THIS DECIDES MORE WEAKNESS IN COMING MONTHS,
SO CAUTIOUS IF IT BREAKS 100 EMA,WATCH FOR THAT,
 MAJOR REISTANCE IS NOW 50 EMA WHICH IS @ 4834.
ANY HOW , TREND WILL DECIDE ONLY AFTER BREAKING ANY SIDE
EITHER RESITANCE OR SUPPORT, WATCH FOR THAT





IN WEEKLY CHART ALSO JUST ABOVE SUPPORT ,FOR KNOWING OF WEEKLY SUPPORT CLICK
OTHER CHART


IN LAST WEEK ON FRIDAY RETRACEMENT HAPPENED AS EXPECTED,
BUT COULDNT SUSTAIN BECOZ OF BEARISH TREND
4634 IS 20 EMA AS PER WEEKLY CHART SO,
WE CAN EXPECT RETRACEMENT  FROM HERE
ALSO ON TREND DECIDING DAY ON 5.11.09
{ THURSDAY} AS PER TIME ANALYSIS NEXT
MONDAY ALSO WE CAN EXPECT SOME REVERSAL ie., ON 9.11.09

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