HI FRIENDS , AS TOLD HERE : - 6.6.10 POST NIFTY TAKEN EXACT SUPPORT @ 150 EMA ON GLOBAL CUES PANIC SELLING BY MAKING A LOW OF 4967.3 ON 8.6.10 & 4980.1 ON 9.6.10 WHERE AS 150 EMA IS @ 4997.44 IN THIS POST WHEN I HAVE POSTED MY WEEKLY VIEW : - 6.6.10 POST , AND IN THE MIDDLE OF THE WEEK I UPDATED IN TWITTER ALSO ABOUT 50 EMA CLOSING IN THIS WEEK, AND IT JUST HAPPENED ON THURSDAY & FRIDAY , NOW IT HAS TO CLOSE ABOVE 3 RD TRADING DAY i.e., TOMORROW 14.6.10 FOR MORE BULLISHNESS SIGNALS FOR A TARGETS OF 5200 - 5300 - 5400 FOR POSITIONAL PLAYERS
, ANY CLOSE BELOW 50 EMA WHICH IS @ 5090.34 AS ON 11.6.10 CAN CREATE ANOTHER ROUND OF PANIC SELLING , CLICK THE CHART TO KNOW ABOUT PRESENT EMA'S :-
RSI @ 53 NOW AFTER FALLING TO 45 LEVEL WHICH WARNED IN LAST WEEK POST : - 6.6.10 POST , NOW IT HAS TO GO ABOVE 70 LEVEL AND STOC & MACD TOO FOR REACHING OVER BOUGHT ZONE , I WILL UPDATE IN MIDDLE OF THE WEEK IN TWITTER IF ANY PANIC CREATING IN INDICATORS , YOU CAN FOLLOW ME @ http://twitter.com/rajeshsaladi . CLICK THE CHART TO KNOW ABOUT INDICATORS : -
PIVOT IS @ 5117.87 FOR MONDAY TRADING RESISTANCE ARE 5136 - 5157 - 5175
WHERE AS SUPPORTS @ 5096 - 5078 - 5057 , HAVE A LOOK IN THIS CHART :-
WEEKLY SUPPORTS ARE @ 5008 - 4902 - 4836 WHERE AS RESISTANCES ARE @ 5180 - 5245 - 5351 AS PER PIVOTS , HAVE A LOOK INTO THE CHART : -
AS PER TIME ANALYSIS , REVERSAL WE CAN EXPECT ON TUESDAY 15TH JUNE 2010 REVERSAL EITHER A NEW HIGH OR LOW WHICH EVER COMES FIRST ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND , NEXT REVERSAL WE CAN EXPECT ON THURSDAY i.e., on 17th JUNE 2010
WARNING NOTE : - BELOW 5040 CAN CREATE HEAVY SELLING ON ANY DAY, SO, PUT STRICT STOP LOSS OF 5040 FOR POSITIONAL LONGS
Words fail sometimes to find words to compliment your accuracy sir.. Amazing analysis post well in advance last week and this week. Thanks for such predictions sir.
ReplyDeleteThanks,I am trying to avoid if's n but's maximum in my posts , what to take is your own choice; Sure shot advices reserved for Profit sharing clients
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