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

My photo
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, December 28, 2009

NIFTY VIEW FOR THIS WEEK



HI FRIENDS,
AS TOLD HERE CLOSED WELL ABOVE 5060 :- 5060 ABOVE 
@ LAST MARKET BROKEN TRIPLE TOP AND CLOSED WELL ABOVE 5060
AS TOLD BY ME IN LAST WEEK POST , NOW BE READY TO 5240 - 5300
WHICH IS MAJOR RESISTANCE AS OF NOW, IF THESE LEVELS CROSSED
NEXT WE CAN SEE 5400 EASILY
IF WE CLOSE BELOW 5180 AND BREAKS 5150 ALSO, THEN WE CAN SEE
5100 ,BUT THESE ARE FAR LEVELS AS OF NOW AS MARKETS ARE GOING TO
BE BULLISH ONLY ABOVE 5052 WHICH IS 20 EMA AS OF NOW 

NEXT
AS PER TIME ANALYSIS WEDNESDAY 23RD DECEMBER 09 GIVEN REVERSAL
AS TOLD IN 20TH DEC 09 POST NEXT REVERSAL WE CAN EXPECT
ON TOMORROW (LITTLE REVERSAL}  i.e., TUESDAY { 29.12.09}
EITHER A HIGH OR LOW ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND.WEELY CHARTS ALSO SUGGESTS THAT NIFTY CAN TOUCH A HIGH OR LOW
IN THIS WEEK AND CAN REVERSE THE EARLIER TREND



No comments:

Post a Comment