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, December 7, 2009

NIFTY VIEW FOR THIS WEEK & TRADING IDEAS FOR 7TH DEC 09

Hi friends,

SUPPORT TAKEN @ 4920 AS NIFTY OPEN,LOW SAME
4942.25 ON LAST MONDAY OPENING EXACTLY TOLD IN LAST WEEK POST:- 4920 SUPPORT

AND REACHED WELL MY POSITIONAL TARGET OF 5177 EASILY ON 3.12.09

RAJESH.SALADI™

NEXT REVERSAL DAY :- Tuesday,i.E.,8th Dec is likely to be next reversal day for thIS week
Either a high or low on this day and then can reverse the earlier trend.
NEXT Friday I.E., ON 11th Dec is likely to be the next reversal day.