HI FRIENDS , AS TOLD HERE :- 22.8.10 POST NIFTY MOVED JUST ABOVE 1ST RESISTANCE { 5547 } ON MONDAY BY MAKING A HIGH OF 5549.8 ,BUT FAILED TO CLOSE ABOVE 1ST RESISTANCE ON MONDAY AND CONTINUED ON TUESDAY ALSO , BY NOT CROSSING ANY RESISTANCE OF WEEKLY { 1ST RESISTANCE IS @ 5585 , WEEKLY HIGH IS 5549.8 WHICH IS ON MONDAY } AND CLOSED BELOW PANIC BUTTON ON WEDNESDAY SUGGESTED SHORTS INITIATED AS TOLD IN THIS POST :- 22.8.10 POST AND @ LAST PANIC HAPPENED ON FRIDAY BY BREAKING 20 EMA TOO NOW THE HOPE IS 50 EMA WHICH IS @ PRESENT @ 5386.31 { FRIDAY LOW IS 5391.95 ,IT TAKEN SUPPORT } WHERE AS 20 EMA SHIFTED TO 5455.28 FROM 5443.49 OF LAST WEEK SUPPORT WHICH WILL ACT AS RESISTANCE NOW WHICH IS ALSO NEARER TO PANIC BUTTON FOR SHORTERS { 5475.69 ) . TO KNOW MORE ABOUT ALL EMA { 100 @ 5294.24 ; 200 @ 5103.26 } , CLICK BELOW CHART :-
RSI @ 47.10 {WILL COME NEARER OR BELOW 30 FOR OVER SOLD REGION } ; STOC @ 43.53 {WILL COME NEARER OR BELOW 20 FOR OVER SOLD REGION }, MACD STILL NOT GONE TO BELOW 0 FOR PANIC , SO, FOR WAIT FOR THE OVER SOLD REGIONS FOR TAKING ENTRY OF LONGS , UNTIL THAT MARKETS ARE SELL ON RISE , CLICK CHART TO KNOW :-
PIVOT IS 5431.95 FOR MONDAY TRADING RESISTANCE ARE 5471 - 5535 - 5575 WHERE AS SUPPORTS @ 5368 - 5328 - 5265 , HAVE A LOOK INTO CHART TO KNOW : -
WEEKLY PIVOT 5450.15 RESISTANCE ARE @ 5508 - 5608 - 5666 WHERE AS SUPPORTS @ 5350- 5292 - 5192 , HAVE A LOOK INTO CHART :-
WARNING NOTE :- PANIC BUTTON @ 5475.69 FOR THIS WEEK IS A STOP LOSS FOR POSITIONAL SHORTS GENERATED, BEWARE IF CLOSE ABOVE 5475 { REVERSE LONG LEVEL } ON ANY DAY IN THIS WEEK, BELOW THAT NO PROBLEM FOR SHORTS:-
AS PER TIME ANALYSIS , REVERSAL WE CAN EXPECT ON THURSDAY 2ND SEPTEMBER 2010 REVERSAL EITHER A HIGH OR LOW WHICH EVER COMES FIRST ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND
SENSEX WITH EMA :-
SENSEX WITH INDICATORS :- -
SENSEX PP CHART FOR MONDAY :-
SENSEX WEEKLY PP CHART :-
18228 SL FOR SHORTS SENSEX AS ON 27.8.10:-
Amazing pivot levels and ema levels sir. Just like you mentioned it happened. Perfection is wat i would say sir. Thanks for posting such wonderful post.
ReplyDeleteWow sir.. What a stop loss given by you for shorts. when everyone was talking of 5200 and below that u gave a stop loss and it hit today. much awaited warning was so useful sir. Thank you much. your weekly posts are very helpful for trading please continue posting :)
ReplyDeleteAmazing sir 5475 untouched... people were talking of 5700 when u gave 20 ema warning and it happened.When people where talking of 5200 you gave another warning of bounce from 5475 and it happened. surprisingly people talk after it happens but you give warnings much in advance and then it happens and people have attitude to accept that your posts are so accurate. Brilliant analysis sir. Pls continue posting..
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