SRK TRADING CALLS: Sep 22, 2009

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

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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, September 22, 2009

BEARS LOOSEN THEIR HOPE? ARE BULLS IN COMMAND?LOL

Hi friends,

how is the prediction given earlier for a expiry target of 5150 , now my bear friends going to realistic thinking that they are loosing their strength { one bull friend also given sell calls from 4750 itself even though he is bullish for 5000 and above in coming months, by watching pcr [put call ratio] like all idiot box watchers , he guessed that bears going to rule this september series expiry } , but i have given this earlier itself from 4586 for a {giving nifty pivots for 23.9.09}bigger targets in september derivatives and its just happened by closing above 5000 today , when i said when ever shankar sharma barks markets never correct, this is history , some of bear friends laughed in their minds @ that time, i know and i can find their minds @ that time. ok, coming to business, what is next , EVERY RISING WEDGE NOT FOR FALL AS I TOLD ALREADY ON 10.9.09 POST ABOUT NIFTY : - http://tradingcallls.blogspot.com/2009/09/i-ve-given-chance-to-bears-to-eat-my.html

SAME I AM EXPLAINING IN THESE COUNTERS, FOR MORE DETAILS CLICK CHARTS HERE DOWN CHANNEL IN RNRL 10MNT CHART AND DECENDING TRIANGLE IN GTL INFRA 10 MNT CHART ALSO HERE, WATCH AND MAKE UR MIND CLEAR FOR SHORT COVERING IN THESE COUNTERS .Well, we have to concentrate on counters rnrl,gtl infra which was already told by me , gtl infra given long on 14th sep http://tradingcallls.blogspot.com/2009/09/giving-3-picks-for-swing-trade-in-next.html and rnrl given long on

saturday and it given well today for intra day traders, for next 2 trading sessions i have already told from 14 th sep about short covering in these counters, which was now talking by all bear friends also ( and by one bull friend also who turned as bear from 4750 level) , any how , be ready to ride in these counters with our profit money , as we are not going to loose anything in these counters because we have ride in these counters before break out , not after break out like all who talks in idiot box {that's why i ask always do u want before break out or after break out , before break out trades can be profitable and safe for to trade tension free as we are loosing nothing in those trades as we are holding positions with our profit only },

so, cheers for next 2 days with these 2 counters as well as nifty also, and don't forget yesterday post of being in cash 60% with in these 2 days of expiry : - http://tradingcallls.blogspot.com/2009/09/m-finance-nifty-view-be-ready-to-be-in.html

regards,

rajesh.saladi