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, August 15, 2010

NIFTY WEEKLY VIEW & SENSEX CHARTS


HI FRIENDS , AS TOLD HERE 8.8.10 POST NIFTY MOVED WELL ABOVE 1ST RESISTANCE {5463 } & 2ND RESISTANCE { 5488 }  ON MONDAY BY MAKING A HIGH OF 5492.3 AFTER MAKING A LOW 5433.25 BY TAKING SUPPORT AND MOVED WELL ON TUESDAY ALSO NEARER TO 1ST WEEKLY RESISTANCE WHICH IS @ 5500 , BUT UNABLE TO CROSS BY MAKING A HIGH OF 5491.45 AND ON WEDNESDAY PANIC BUTTON HITTED IN LATE HOURS WHICH IS @ 5427.62 AND GIVE A PROFIT OF 54 POINTS { FOR THOSE WHO SHORTED WITH A VIEW OF PANIC BUTTON } BY MAKING A LOW OF 5372.45 ON THURSDAY IN INTRADAY , AND AS TOLD AS 20 EMA SUPPORT TAKEN AND MOVED WELL ABOVE 20 EMA TO CLOSE ABOVE 20 EMA , I HAVE GIVEN TWEET ON THURSDAY AS ABOVE 5433 IN FUTURES HUGE SHORT COVERING , AND SAME HAPPENED WHERE AS ALL EXPECTING MORE FALL @ THAT TIME . AS I SAID SHORT COVERING HAPPENED AND ABOVE PANIC BUTTON GIVEN A PROFIT OF 50 POINTS BY MAKING A HIGH OF 5476.5 , SO, FOR THE WEEK VIEW GIVEN PROFITS FOR SHORTS AS WELL AS LONGS WHO TRADED WITH WARNING NOTE PANIC BUTTON VIEW . AND FOR THIS WEEK 20 EMA @ 5417.37 , TO KNOW MORE ABOUT ALL EMA { 50 @ 5341.15 100 @ 5253.52 , 200 @ 5063.84 }, CLICK BELOW CHART :- 
RSI @ 57.19 AND STOC @ 56.27 TRIX @ .73 { JUST ABOVE 0 LINE } CLICK THE CHART TO KNOW :- 
PIVOT IS 5448.03FOR MONDAY TRADING RESISTANCE ARE 5480 - 5509 - 5541 WHERE AS SUPPORTS @ 5419 - 5387 - 5358 , HAVE A LOOK INTO CHART TO KNOW : - 
WEEKLY PIVOT 5438.95 { WHICH IS NEARER TO PANIC BUTTON } RESISTANCE ARE @ 5505 - 5558 - 5625 WHERE AS SUPPORTS @ 5385 - 5319 - 5265 , HAVE A LOOK INTO CHART :- 
WARNING NOTE :- PANIC BUTTON @ 5436.95 FOR THIS WEEK, ANY DAY IT CAN TAKE SUPPORT @ THIS POINT ,BREAK WILL CREATE { REVERSE SHORT LEVEL } ANOTHER DAY OF SELLING , HAVE A LOOK INTO THE CHART :- 

AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON TUESDAY { LITTLE } 17TH AUGUST 2010 AND NEXT IS THURSDAY 19TH AUGUST 2010  REVERSAL EITHER A HIGH OR LOW WHICH EVER COMES FIRST ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND



SENSEX PP CHART FOR MONDAY :-
SENSEX WEEKLY PP CHART :-
SENSEX WITH INDICATORS :- -
 SENSEX WITH EMA :- 

18123 PANIC BUTTON FOR SENSEX :- 

Posted by RAJESH.SALADI™ at 8/15/2010 07:24:00 PM
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1 comment:

  1. HiralAugust 20, 2010 at 11:32 AM

    Amazing level given by you for short covering in twitter sir. And great levels here too sir. With all indicators in depth post. Thank you for posting :)

    ReplyDelete

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