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

Wednesday, December 16, 2009

PICK YOUR TRADE FROM THIS ANALYSIS FOR 17.12.09 TRADING


Ticker Candle Pattern Close Buy/Sell Support Line Resistance Line Pattern
AARTIIND
48.45


Rising Wedge
ABAN
1175.45


Rising Wedge
ABB
758.45


Symmetrical Triangle
ABGSHIP
197.6


Rising Wedge
ABIRLANUVO
869.45


Rising Wedge
ADORWELD Harami 183.3 S
Confirmed Rising Wedge
AFL
50.05


Symmetrical Triangle
AHMEDFORGE Harami 66.05
Price just above
Rising Wedge
ALCHEM
160.4 S
Confirmed Not defined
ALFALAVAL
1235.15


Expanding Triangle
ALOKTEXT Engulfing 20.85 S Price just above Confirmed Symmetrical Triangle
AMAR
47.6


Rising Wedge
AMTEKINDIA
49 S Break
Rising Wedge
ANANTRAJ
137.4


Rising Wedge
ANDHRSUGAR
116.4 S Break
Not defined
ANIKINDS
77.5


Rising Wedge
ANSALHSG
63.1


Symmetrical Triangle
ANSALINFRA
67.45


Expanding Triangle
APOLLOHOSP
561.4

Price just below Not defined
AREVAT&D
272.45


Down Channel
AROGRANITE
42.65 B
Break Not defined
ARVIND
36.25 S Break
Rising Wedge
ASTRAMICRO
66.65
Price just above
Symmetrical Triangle
ATFL
273.65


Expanding Triangle
ATLANTA
147.75


Rising Wedge
ATLASCYCLE
210.3 B Confirmed
Up Channel
ATUL
83.3
Price just above
Rising Wedge
AVTNPL
77.2


Symmetrical Triangle
BALLARPUR
24.3


Symmetrical Triangle
BALMLAWRIE
564.3
Price just above
Rising Wedge
BANARISUG
1204.9
Price just above
Not defined
BBL Evening Doji Star 903.2


Rising Wedge
BFUTILITIE Hanging Man 1316.35


Rising Wedge
BHAGWATIHO Spinning Top 47.35


Rising Wedge
BHARTISHIP
214.75


Rising Wedge
BHEL Harami Cross 2338.25
Price just above
Rising Wedge
BHUSANSTL
1341.35


Up Channel
BIL Spinning Top 66.6 S
Confirmed Rising Wedge
BILPOWER
167.15


Rising Wedge
BINANICEM
68.3


Expanding Triangle
BINANIIND
92.15


Symmetrical Triangle
BINDALAGRO
19.25


Symmetrical Triangle
BIRLAERIC
14.45
Price just above
Rising Wedge
BIRLAPOWER
3.2


Expanding Triangle
BLKASHYAP
384.45


Rising Wedge
BLUEBIRD
28.55


Rising Wedge
BLUECHIP Spinning Top 1.15 B Confirmed
Not defined
BLUESTARCO
358.2


Rising Wedge
BLUESTINFO
97.65


Expanding Triangle
BOC
170.65 S
Confirmed Not defined
BRABOURNE
8.2


Rising Wedge
BRFL
184.6


Rising Wedge
BRIGADE
128.05 S Break
Rising Wedge
BRITANNIA
1638.85 S Break Price just below Symmetrical Triangle
BVCL
28.25


Expanding Triangle
CAMBRIDGE
94.1


Expanding Triangle
CANDC
241.6


Expanding Triangle
CAROLINFO
61.55


Up Channel
CELEBRITY
18.45 B Confirmed
Up Channel
CENTURYPLY
46.2
Price just above
Rising Wedge
CENTURYTEX
486
Price just above
Rising Wedge
CESC Engulfing 382.2 S Break
Rising Wedge
CHAMBLFERT
59.05


Expanding Triangle
CHEMFALKAL
44.25
Price just above
Not defined
CHETTINAD Spinning Top 440 S
Confirmed Symmetrical Triangle
CHOLADBS
65.65


Rising Wedge
CINEMAX
58.05

Price just below Symmetrical Triangle
CINEVISTA Evening Doji Star 5.2 B Confirmed
Up Channel
CONSOFINVT Evening Star 47.85 S Break
Symmetrical Triangle
CORDSCABLE
40.05 B Confirmed Price just below Symmetrical Triangle
COREPROTEC
175.05


Rising Wedge
CRANESSOFT
32.65
Price just above
Falling Wedge
CREWBOS Morning Doji Star 47.3
Price just above Price just below Symmetrical Triangle
DALMIACEM
147.05 S Break
Up Channel
DCHL
149.8


Rising Wedge
DCMSRMCONS
52.3 S Break
Rising Wedge
DELTACORP Evening Doji Star 41.05
Price just above
Up Channel
DHANBANK
139.6 S Break
Rising Wedge
DIGJAM
8.75


Up Channel
DISHMAN
233.2
Price just above
Rising Wedge
DISHTV
39.75


Symmetrical Triangle
DIVISLAB
663.45


Falling Wedge
DPSCLTD Hammer 641.95


Expanding Triangle
DREDGECORP
482.1 S Break
Not defined
DTIL
167.05
Price just above
Rising Wedge
EDELWEISS
455.3


Expanding Triangle
EDUCOMP
716.85
Price just above
Expanding Triangle
EICHERMOT
600.25


Expanding Triangle
EIHOTEL
135.45


Rising Wedge
EIMCOELECO
236.2 S Break
Rising Wedge
EKC
142.4 S Break
Symmetrical Triangle
ELECON
82.35


Rising Wedge
ELECTCAST
47 S Price just above Confirmed Rising Wedge
ELECTHERM
264.45 S Break
Rising Wedge
EMCO
87.1


Rising Wedge
ENERGYDEV Engulfing 57.95
Price just above
Symmetrical Triangle
ENIL
195.55 S Price just above Confirmed Symmetrical Triangle
ESSAROIL
134.65


Falling Wedge
ESSARSHIP
69.15


Symmetrical Triangle
EVINIX
3.3

Price just below Not defined
FACT Engulfing 38


Falling Wedge
FINANTECH
1371.5 S Break
Rising Wedge
FINPIPE
53.45
Price just above
Rising Wedge
FIRSTLEASE
48.95 S Break
Rising Wedge
FOSECOIND
355
Price just above
Rising Wedge
FSL
34.8 S Break
Rising Wedge
GAEL
22.8
Price just above
Not defined
GALLANTT
19.3 S
Confirmed Symmetrical Triangle
GAMMONIND
224.6


Rising Wedge
GANESHHOUC
122.9


Rising Wedge
GANGOTRI Harami 9.2


Rising Wedge
GATI
56.65

Price just below Symmetrical Triangle
GEMINI Engulfing 38.95 S
Confirmed Rising Wedge
GEOMETRIC
70


Up Channel
GESHIP
268.45


Rising Wedge
GHCL
54.85


Symmetrical Triangle
GITANJALI
120.45


Rising Wedge
GLAXO
1592.45


Expanding Triangle
GLENMARK
254.45


Rising Wedge
GMDCLTD Spinning Top 140 S
Confirmed Rising Wedge
GODREJIND
173.95


Rising Wedge
GOKUL
55.25


Expanding Triangle
GRANULES
89.05


Expanding Triangle
GREENPLY
149.8 B Confirmed
Rising Wedge
GRUH
206.85 S Break
Rising Wedge
GSSAMERICA
271.9
Price just above
Rising Wedge
GTLINFRA
37.4

Price just below Decending Triangle
GUJALKALI
122.35 B Confirmed
Rising Wedge
GUJNRECOKE
66.6 B Confirmed
Rising Wedge
GUJSIDHCEM
16.5


Rising Wedge
HARRMALAYA
129.1
Price just above
Up Channel
HELIOSMATH Engulfing 43.8
Price just above
Rising Wedge
HERCULES
224.5 B Confirmed Price just below Symmetrical Triangle
HINDUNILVR
263.8


Symmetrical Triangle
HOCL
38.75
Price just above
Rising Wedge
HONDAPOWER
251.4

Price just below Rising Wedge
HOVS Spinning Top 78.05
Price just above
Up Channel
HTMEDIA Engulfing 140.25


Expanding Triangle
ICSA
172.95 S Break
Rising Wedge
IFCI Evening Star 50.95
Price just above
Rising Wedge
INDBANK
15.55


Expanding Triangle
INDIANHUME
600.3
Price just above
Rising Wedge
INDORAMA
32.15 S Break
Rising Wedge
INDOTECH
332.15


Symmetrical Triangle
INDOWIND
50.4


Symmetrical Triangle
INDUSFILA Engulfing 24.2
Price just above
Symmetrical Triangle
INFOTECENT
285.05
Price just above
Rising Wedge
INOXLEISUR
62.1
Price just above Price just below Symmetrical Triangle
IOC Engulfing 310.2


Expanding Triangle
IOLN
26.85
Price just above
Symmetrical Triangle
IVP
34.75


Up Channel
JBCHEPHARM
54.2
Price just above
Rising Wedge
JINDALPHOT
138.75
Price just above
Rising Wedge
JINDALPOLY
318
Price just above
Up Channel
JMCPROJECT
157.7


Rising Wedge
JSWSTEEL
977.85


Rising Wedge
JYOTISTRUC Hanging Man 150.5


Rising Wedge
KAJARIACER
47.95


Rising Wedge
KAKATCEM
99.2


Rising Wedge
KALINDEE Harami 165.35 S Break
Not defined
KAUSHALYA
19.2 S Break
Not defined
KESARENT
96.7
Price just above
Up Channel
KESORAMIND
344.35


Rising Wedge
KFA
56.65


Symmetrical Triangle
KGL
16.95


Rising Wedge
KHANDSE
23.45


Falling Wedge
KLGSYSTEL
204.6


Rising Wedge
KOHINOOR
55.15

Price just below Symmetrical Triangle
KOLTEPATIL
55.25 S Price just above Confirmed Symmetrical Triangle
KOTHARIPRO
325.9 B Confirmed Price just below Symmetrical Triangle
KRBL
197.8

Price just below Rising Wedge
KSBPUMPS Engulfing 410.1
Price just above
Ascending Triangle
KSCL
227.8


Rising Wedge
KSK
193.85
Price just above
Not defined
LAKPRE
38.1 S Price just above Confirmed Symmetrical Triangle
LAKSHVILAS
73.65


Up Channel
LAOPALA
32


Up Channel
LGBROS Spinning Top 21.7


Up Channel
LIQUIDBEES
999.99


Expanding Triangle
LML
9.75


Symmetrical Triangle
LOKESHMACH
44.7


Rising Wedge
LT Spinning Top 1683.05

Price just below Not defined
MADHUCON Evening Doji Star 164


Rising Wedge
MADRASCEM
114.8
Price just above
Rising Wedge
MADRASFERT
10.15
Price just above
Not defined
MAGMA
155.45
Price just above
Symmetrical Triangle
MAHLIFE
346.05


Rising Wedge
MANAKSIA Harami 82.2


Rising Wedge
MANGCHEFER
20.7
Price just above
Symmetrical Triangle
MARKSANS Engulfing 5.15 S
Confirmed Falling Wedge
MEGH
15.55 S Break
Rising Wedge
MIC
43.35
Price just above
Rising Wedge
MICROTECH
147.75
Price just above
Symmetrical Triangle
MINDAIND
201.2


Expanding Triangle
MINDTREE
686.7


Expanding Triangle
MIRCELECTR
17.45
Price just above
Rising Wedge
MLL
56


Symmetrical Triangle
MMFL
62.5


Rising Wedge
MONSANTO
1586.05 S
Confirmed Symmetrical Triangle
MOSERBAER
82.65
Price just above Price just below Symmetrical Triangle
MOTHERSUMI
128.05


Up Channel
MOTILALOFS
164.7


Rising Wedge
MRO-TEK Engulfing 30.25
Price just above
Ascending Triangle
MSPL
34.85


Symmetrical Triangle
MUKANDLTD
59.95


Up Channel
MUNJALSHOW Evening Doji Star 52.15 S Break
Rising Wedge
MURLIIND Dark Cloud Cover 226 S Break
Rising Wedge
MURUDCERA Shooting Star 36.65 S
Confirmed Symmetrical Triangle
NAGARFERT Engulfing 32.2
Price just above Price just below Symmetrical Triangle
NAHARINDUS
67.4


Rising Wedge
NAHARINVST
23.05 B Confirmed
Up Channel
NANDAN
2.2 S Break
Rising Wedge
NCLIND
37.7
Price just above
Ascending Triangle
NDTV
144.35


Symmetrical Triangle
NESCO
872.55

Price just below Symmetrical Triangle
NIITLTD
70.1
Price just above
Rising Wedge
NIPPOBATRY
407.8 S
Confirmed Symmetrical Triangle
NITCO
50.6 S Break
Symmetrical Triangle
NITINSPIN
8.55 S
Confirmed Rising Wedge
NOCIL
24.7 B Confirmed
Rising Wedge
NORBTEAEXP
10.2


Rising Wedge
NRBBEARING
59.4

Price just below Rising Wedge
NTPC
207.95 S Break
Symmetrical Triangle
NUCLEUS
135.65


Rising Wedge
NUMERICPW Evening Star 245.65
Price just above
Up Channel
OCL
115.95


Rising Wedge
OILCOUNTUB
122.8


Expanding Triangle
ONGC
1189


Rising Wedge
ORCHIDCHEM
199.15 S
Confirmed Rising Wedge
OUDHSUG
62.6 S Break
Not defined
PAEL
38.85


Rising Wedge
PANTALOONR
348.3 S Price just above Confirmed Symmetrical Triangle
PARAL
126.3


Symmetrical Triangle
PARSVNATH Spinning Top 121.8
Price just above
Rising Wedge
PATINTLOG
27.9
Price just above
Symmetrical Triangle
PBAINFRA Evening Star 68.65


Rising Wedge
PDUMJEPULP
19.4


Rising Wedge
PENINLAND
76.75


Rising Wedge
PETRONET Harami 72.05


Rising Wedge
PHOENIXLTD
192.35


Rising Wedge
PITTILAM
31.9
Price just above
Symmetrical Triangle
PLASTIBLEN Harami Cross 124.1

Price just below Not defined
PNBGILTS Evening Star 31.3 S
Confirmed Up Channel
PNC
33.75


Rising Wedge
PRAJIND
96.3 S
Confirmed Symmetrical Triangle
PRATIBHA
277.45

Price just below Rising Wedge
PRITHVI
64.7


Rising Wedge
PSL
157.65


Rising Wedge
PTC
102.05
Price just above
Rising Wedge
PUNJLLOYD
201.65


Rising Wedge
RAINCOM
214.2


Rising Wedge
RAJSREESUG
80.35


Rising Wedge
RAJTV Evening Star 57.75


Rising Wedge
RAJVIR
74.3


Falling Wedge
RANEENGINE
124.4


Expanding Triangle
RATNAMANI
95.25


Rising Wedge
RELCAPITAL
830.85
Price just above
Symmetrical Triangle
RELINFRA
1039.95


Rising Wedge
REPRO
94.8


Falling Wedge
RIIL
910.85
Price just above
Symmetrical Triangle
RJL
51.9 S Price just above Confirmed Rising Wedge
RNRL
68
Price just above
Symmetrical Triangle
ROLTA
185.85 B Confirmed
Rising Wedge
RSSOFTWARE
46.6


Rising Wedge
RSYSTEMS Shooting Star 87.2

Price just below Not defined
RUBYMILLS
739.2


Expanding Triangle
RUCHISOYA
83.6


Rising Wedge
SABTN
33.45 S
Confirmed Rising Wedge
SAKUMA
14.05


Rising Wedge
SALORAINTL
42.55

Price just below Symmetrical Triangle
SANDESH Engulfing 209.95 S
Confirmed Rising Wedge
SANGAMIND
36.4 B Confirmed
Rising Wedge
SANGHIPOLY
3.75


Rising Wedge
SANGHVIMOV Engulfing 215.95

Price just below Rising Wedge
SAPL
14.6


Rising Wedge
SARLAPOLY
70.45
Price just above
Rising Wedge
SATHAISPAT
35.3


Symmetrical Triangle
SCI
142

Price just below Symmetrical Triangle
SELMCL
72.05 B Confirmed Confirmed Symmetrical Triangle
SHLAKSHMI
103.35


Expanding Triangle
SHREEASHTA
59
Price just above
Expanding Triangle
SHRENUJ
33.35
Price just above
Rising Wedge
SHRIRAMEPC
210.15 S Break
Rising Wedge
SIRPAPER
53.45


Rising Wedge
SOBHA
227.35 S Break
Rising Wedge
SONATSOFTW
40.85


Rising Wedge
SREINTFIN Engulfing 69.7 S Break
Rising Wedge
SRHHYPOLTD
32


Expanding Triangle
SUBHASPROJ
137.8


Rising Wedge
SUJANAUNI Spinning Top 9.1


Rising Wedge
SUNCLAYTON
106.95 S Break
Not defined
SURAJDIAMN Engulfing 46 S Break
Rising Wedge
SURANAIND
158.95


Rising Wedge
SYNDIBANK Evening Doji Star 92.75
Price just above
Rising Wedge
TAKE
31.55 S Break
Symmetrical Triangle
TANLA
58.3


Symmetrical Triangle
TANTIACONS
110.05 S Break
Not defined
TATACOFFEE
354.8
Price just above
Not defined
TATACOMM
340


Down Channel
TATAELXSI Harami 241.1


Rising Wedge
TATATEA
935.15
Price just above
Not defined
TCI
90.85
Price just above
Rising Wedge
THIRUSUGAR
158.75 B Confirmed
Not defined
THOMASCOOK Engulfing 64.2

Price just below Symmetrical Triangle
TIIL Evening Doji Star 44.95


Expanding Triangle
TIL
339.7

Price just below Rising Wedge
TIMKEN
130.1


Rising Wedge
TNPETRO
18 B Confirmed
Up Channel
TODAYS Engulfing 25.2


Rising Wedge
TOKYOPLAST
9.9


Symmetrical Triangle
TRIL
355.65 S Break Price just below Rising Wedge
TRIVENI
105.7


Rising Wedge
TTL
13.15 S
Confirmed Rising Wedge
TULSI
28.5

Price just below Symmetrical Triangle
TV-18
85.05


Expanding Triangle
TWL Spinning Top 343.9


Falling Wedge
UBL
170.1


Rising Wedge
UFLEX Harami 95.8


Rising Wedge
UNIENTER
28.9


Up Channel
UTVSOF Evening Doji Star 459


Rising Wedge
VALUEIND
18.95


Rising Wedge
VGUARD Shooting Star 86.85 S
Confirmed Rising Wedge
VIDEOIND
217.7


Rising Wedge
VIJAYABANK Evening Star 51.6


Rising Wedge
VIMTALABS
29.75 S Break
Rising Wedge
VINYLINDIA
5.6


Rising Wedge
VISESHINFO
8.65 B Confirmed
Rising Wedge
VLSFINANCE
12.8
Price just above
Symmetrical Triangle
VOLTAMP
857.15

Price just below Rising Wedge
VOLTAS
165.7


Rising Wedge
VTL Spinning Top 215.55 S
Confirmed Rising Wedge
WALCHANNAG
198.2


Rising Wedge
WHEELS
178.85
Price just above
Rising Wedge
WSTCSTPAPR
64.8

Price just below Rising Wedge
ZENITHBIR Spinning Top 24.85


Symmetrical Triangle
ZICOM
108.9 S
Confirmed Rising Wedge

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