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

Thursday, January 28, 2010

NIFTY WITH INDICATORS AS ON 27TH JAN 2010

HI FRIENDS
SEE THE POSIBILITES OF BOUNCE BACK FROM VARIOUS INDICATORS :- 


For RSI, the bands for overbought and oversold are usually set at 70 and 30 respectively. A reading greater than 70 would be considered overbought and a reading below 30 would be considered oversold.
RSI NEAR TO 16 SAME AS WHEN NOVEMBER 3RD FALL HAPPEN
AND SEE BOUNCE FROM NEXT DAY , IT IS POSSIBLE HERE
For the Stochastic Oscillator, a reading above 80 is overbought and a reading below 20 oversold
  STOCHASTIC GIVING CROSS OVER SIGNAL SAME AS IN NOVEMBER3RD
WHICH IS BELOW 20 SHOWING AS OVER SOLD 


TRIX Buy Signal :
Buy when the TRIX crosses above the zero line.
TRIX Sell Signal:
Sell when the TRIX crosses below the zero line.
TRIX REACHED -2.5 WHEN FALL IN NOVEMBER ON 3rd
BUT IT WENT TO -3.64 ALSO WHEN BOUNCE BACK HAPPENED
UPTO 6TH NOV, NOW TRIX IS @ -1.07

MACD Bullish Signals MACD generates bullish signals from three main
sources:
1.Positive Divergence
2.Bullish Moving Average Crossover
3.Bullish Centerline Crossover
MACD generates bearish signals from three main sources. These signals are
mirror reflections of the bullish signals:
1. Negative Divergence
2. Bearish Moving Average Crossover
3. Bearish Centerline Crossover
MACD READy TO GIVE POSITIVE DIVERGENCE IN HISTOGRAM AS ON 3RD NOVEMBER
BUT NOT CROSSED THE SIGNAL LINE OR ZERO LINE WHICH IS STILL IN DOUBT,BUT THAT HAPPENed AFTER THREE TRADING DAYS AFTER 3RD NOVEMBER,SO,WATCH
 click chart to know more



 

 





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