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, May 9, 2010

NIFTY WEEKLY VIEW

HI FRIENDS, AS TOLD HERE : - 2.5.10 POST CLICK NIFTY BROKEN 20 EMA AND REACHED 50 , 100 EMA TOO IN PANIC AS I WARNED ABOUT MAY MONTH PANIC SELLING .

AFTER BREAKING 100 EMA SUPPORT TAKEN @ 150 EMA AS I UPDATED IN TWITTER ON ACCOUNT OF RELIANCE COURT NEWS.CLICK EMA CHART TO KNOW ABOUT FURTHER UPDATES : -


61.8 % RETRACEMENT @ 4952.06 OF TOTAL RAISE FROM 4675.4 TO 5399.65 FROM 8TH FEB TO 7TH APRIL 2010 , SO , WATCH OUT FOR THIS SUPPORT AS PER FIBO LEVEL IN ANY KIND OF FURTHER SELL OFF IN THIS WEEK , TO KNOW CLICK CHART HERE : -

RSI REACHED NEARER TO 30 ITS @ 33.14 AS UPDATED ON TWITTER IN MIDDLE OF THE WEEK ,STOC ALSO READY TO CROSSING POSITIVE  SIGNAL IN THIS WEEK  MACD STILL TO GIVE POSITIVE DIVERGENCE , HAVE A LOOK INTO CHART : -

5116.95 IF FINAL RESISTANCE FOR BULLISH TONE AS PER PIVOTS FOR MONDAY ,CLICK CHART TO KNOW ALL SUPPORTS & RESISTANCES : -

5087.82 IS PIVOT AS PER WEEKLY PIVOTS WHERE AS SUPPORTS SEEN @ 4925.78 - 4822.57 - 4660.53 ,CLICK CHART TO KNOW ALL SUPPORTS & RESISTANCES AS PER WEEKLY PIVOTS : -
AS PER TIME ANALYSIS , NEXT REVERSAL WE CAN EXPECT ON WEDNESDAY 12TH MAY  2010 REVERSAL EITHER A HIGH OR LOW WHICH EVER COMES FIRST ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND
Posted by RAJESH.SALADI™ at 5/09/2010 07:32:00 PM
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2 comments:

  1. HiralMay 11, 2010 at 8:46 AM

    Sir you hit the bulls eye again. Exact bounce back from Friday's warning. I am so glad i am not one of those who are still holding the short positions after your warning.. and what EMA levels sir..Magic... 5080 to straight 5200.thank you sir.

    ReplyDelete
  2. HiralMay 13, 2010 at 1:53 PM

    wonderful analysis sir .. exact reversal .. Long short.. both giving tasty fruits almost 400 points in 4 days given by you sir.. thank you so much for such posts. It helps to trade safely.

    ReplyDelete

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