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

Sunday, February 21, 2010

NIFTY VIEW FOR THIS WEEK

HI FRIENDS,
AS SAID IN THIS POST CLICK NIFTY GONE WELL ABOVE 20 EMA AS WELL AS 100 EMA TWICE ON WEDNESDAY & THURSDAY , BUT COUDNT SUSTAIN ABOVE THAT LEVEL
NIFTY NOW @ 4844.8  NEED TO CROSS ABOVE 4910.98 WHICH IS 100 EMA FOR A TGT OF 50 EMA 4965.66 ON ACCOUNT OF BUDGET RALLY  WE CAN EXPECT FALL AFTER THAT , SO STAY CAUTIOUS AND ENTER LONG POSITIONS ONLY WHEN CLOSES ABOVE 50 EMA @ 4965.66 SUPPORT SEEN @ 4776.6 150 EMA AS OF NOW

NEXT REVERSAL WE CAN EXPECT ON WEDNESDAY  REVERSAL { 24.2.10} EITHER A HIGH OR LOW ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND
Posted by RAJESH.SALADI™ at 2/21/2010 08:30:00 PM
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3 comments:

  1. HiralFebruary 22, 2010 at 3:28 PM

    Sir your caution on 50 ema closing definetly helped today to short and stay away from long. Thank you very much..

    ReplyDelete
  2. Nifty TipsFebruary 23, 2010 at 5:44 PM

    Nice Ananlysis Sir I also Run a Free Nifty Blog Please Have a Look Sir-

    Regards Aruhi,

    Nifty Tips

    ReplyDelete
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