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

Sunday, November 8, 2009

NIFTY VIEW FOR CRUCIAL WEEK

HI FRIENDS,


BEARISH EVENING DOJI STAR IN
HOURLY CHART INDICATES SOME
WEAKNESS IN 1ST HOUR TRADE
2ND HOUR IS LIKE TO BE NEXT INTRADAY
TURNING POINT i.e., 11 to 12 am ,
 WHERE AS AN INTRADAY HIGH OR LOW
IS LIKELY AND THEN REVERSE THE EARLIER TREND

AS MARKETS ARE IN POSITIVE ZONE WE CAN EXPECT
POSITIVE OPENING AND MAY GO TO HIGH AND WILL
START CORRECTION ,SO BE CAUTIOUS ON HIGHER
LEVELS. AS PER TIME ANALYSIS LAST THURSDAY GIVEN
REVERSAL AS PER EXPECTATION ON 2ND NOV 09 POST
AND TOMORROW IS ALSO {9.11.09} REVERSAL MAY HAPPEN
NEXT REVERSAL WE CAN EXPECT ON WEDNESDAY i.e.,11.11.09



MAJOR REISTANCE NOW @ 4863
TWO DAYS  CLOSE ABOVE THIS LEVEL CAN
LEAD TO 4905 4950 IN THIS WEEK ,FOR HIGHER
TARGETS WHICH SHOWN IN FRIDAY POST WITH TRIANGLES
WE SHOULD CLOSE ABOVE 4950 ,BELOW 4760 CORRECTION CAN
COME AGAIN AS WE ARE EXPECTING THIS IS ONLY RETRACEMENT
 FROM RECENT TOP TO RECENT BOTTOM ie., 5185 to 4538
Posted by RAJESH.SALADI™ at 11/08/2009 06:38:00 PM
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