HI FRIENDS , AS TOLD HERE : - 23.5.10 POST NIFTY REACHED GANN FAN TARGET TOO IN INTRA ON 25.5.10 {TUESDAY} AND BOUNCE BACK HAPPENED AND AS UPDATED IN TWITTER RSI AFTER REACHING BELOW 30 , BOUNCE BACK HAPPENED UPTO 150 EMA AND CLOSED WELL ABOVE 150 EMA WHICH IS RIGHT NOW @ 4992.79. NOW IT HAS TO CROSS 50 EMA WHICH IS @ 5106.95 FOR MORE BULLISHNESS , BEFORE TOUCHING 50 EMA , I AM EXPECTING SOME CONSOLIDATION WHICH IS POSITIVE FOR MARKET GDP NUMBERS ARE TO BE ANNOUNCING ON MONDAY WHICH ALSO TRIGGERS FOR MARKETS , FOR EMA CLICK THE BELOW CHART TO KNOW : -
AS TOLD IN THIS POST : - 23.5.10 POST RSI REACHED BELOW 30 AND MOVED ABOVE , STOC ALSO GIVEN BULLISH SIGNAL , EVEN MACD HISTOGRAM TOO, I UPDATED ALL THIS IN TWITTER, U CAN FOLLOW ME @rajeshsaladi IF U WANT DAILY UPDATES IN THE MIDDLE OF THE WEEK , HAVE A LOOK INTO THIS CHART :-
SEE THE BOUNCE FROM EXACT GANN FAN TARGET WHICH IS GIVEN ON 2.5.10 POST FOR THIS TARGET BY SAYING STILL HAVE TO ACHIEVE AND UPDATED ON 23.5.10 POST
HAVE A LOOK INTO THIS CHART FOR CLEAR VIEW :-
PIVOT IS @ 5050.92 FOR MONDAY TRADING RESISTANCE ARE 5084.38 - 5110.72 - 5144.18
WHERE AS SUPPORTS @ 5024.58 - 4991.12 - 4964.78 , HAVE A LOOK IN THIS CHART :-
WEEKLY SUPPORTS ARE @ 4870 - 4683 - 4579 WHERE AS RESISTANCES ARE @ 5161 - 5264 - 5452 AS PER PIVOTS , HAVE A LOOK INTO THE CHART : -
AS PER TIME ANALYSIS , REVERSAL WE CAN EXPECT ON WEDNESDAY 2ND JUNE 2010 REVERSAL EITHER A HIGH OR LOW WHICH EVER COMES FIRST ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND
AS you said sir.. Reversal happened today when everyone on wire is talking about new lows and breaking 4800.. you gave well in advance of today's reversal.. Brilliant time analysis sir.. Thanks for such wonderful posts.
ReplyDeleteThose who read the post in advance and had the guts to use it wisely could easily make 70-100 points .Understanding this post is more important as its so accurate with all levels of supports .thanks once again sir.
ReplyDeleteThanks for the honest comments, proved many times in weekly posts
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