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

My photo
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, June 20, 2010

NIFTY WEEKLY VIEW


HI FRIENDS, AS TOLD HERE : - 13.6.10 POST NIFTY CLOSED ABOVE 5090 ON 3RD CONSECUTIVE DAY i.e., MONDAY 14.6.10 AND GIVEN A TARGETS OF 5200 - 5300 WHICH TOLD , STILL TO ACHIEVE THE 3RD TARGET OF 5400 , STOP LOSS  NOW MOVED TO 5156.26 WHICH ALREADY GUIDING IN TWITTER IN MIDDLE OF THE WEEK : -
20 EMA @ 5126.17 & 50 EMA @ 5116.91 , TO KNOW PRESENT EMA'S CLICK CHART BELOW :-
 RSI @ 60.09 , NOT GONE TO 70 STILL, STILL TO GO OUR 3RD TGT OF 5400 ALSO, SO, WE MAY SEE SOME CONSOLIDATION BEFORE TOUCHING 5400 , CLICK THE CHART TO KNOW :- 
PIVOT IS @ 5268.82   FOR MONDAY TRADING RESISTANCE ARE 5292 - 5325 - 5348
WHERE AS SUPPORTS @ 5235 - 5212 - 5178 , AND NEARER TO DOUBLE TOP AS WELL AS TRIPLE TOP  AND EXPECT SOME CONSOLIDATION TO MOVE HIGHER , HAVE A LOOK IN THIS CHART :-

 WEEKLY SUPPORTS ARE @ 5166 - 5075 - 5007  WHERE AS RESISTANCES ARE @ 5326 - 5394 - 5485  AS PER PIVOTS , HAVE A LOOK INTO THE CHART : - 
 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON THURSDAY 24TH JUNE 2010 i.e., ON EXPIRY DAY ; REVERSAL EITHER A NEW HIGH OR LOW WHICH EVER COMES FIRST ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND 
WARNING NOTE : - BELOW 5150 CAN CREATE HEAVY SELLING ON ANY DAY, SO, PUT STRICT STOP LOSS OF 5150 FOR POSITIONAL LONGS 

1 comment:

  1. Amazing reversal prediction sir.. And pivot levels And you gave long call from 5040 laxam reka to 5300+++++ .... Amazing and each time you updated Stop loss not once touched.. Wonderful sir...Thank you for posting such perfect posts :D cant ask for more ....

    ReplyDelete