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

Tuesday, December 15, 2009

NIFTY FUTURES ELLIOT LEVELS FOR TRADING 16TH DEC 09




Hi friends, giving elliot levels for you all, but these are not my recommendations, my levels are giving for paid members in paid blog :- 


Impulsive Wave Pattern

Wave Name
Construction
 Termination
Wave 1
5017.1
 5058.32
Wave 2
5058.32
 5032.85
Wave 3
5032.85
 5085.28
Wave 4
5085.28
 5052.88
Wave 5
5052.88
 5119.57


Wave-5 Expansion will continue till 5137.71

Corrective Wave Pattern


Wave Name
Construction
 Termination
Wave -A
5125
 5058.32
Wave- B
 5058.32
 5099.53
Wave- C
 5099.53
 5047.11


Wave-c Expansion will continue till 5032.85


Current Price is In the Corrective Cycle.Currective cycle will Fail if price rise to 5071.05




Selling is Advisable at 5099.53 with stoploss 5125 for Target 5047.11





Posted by RAJESH.SALADI™ at 12/15/2009 09:06:00 PM
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