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, September 26, 2010

NIFTY WEEKLY VIEW & SENSEX CHARTS


HI FRIENDS, AS TOLD HERE :- 19.9.10 POST NIFTY MOVED FOR MORE BULL RUN IN THIS WEEK BY MOVING ABOVE 5978 { 1ST WEEKLY RESISTANCE } ON MONDAY AND CLOSED WELL ABOVE ON TUESDAY TOO , BUT PANIC HAPPENED ON WEDNESDAY BECAUSE OF REVERSAL { OFCOURSE NEWS BASED PANIC HAPPENED BECAUSE OF AYODHYA CASE HEARING } WHICH IS ALREADY TOLD WELL BEFORE ABOUT THE REVERSAL AND CASE IS POSTPONED TO 28TH OF THIS MONTH , ONLY THING IS NIFTY DID NOT CROSSED 2ND WEEKLY RESISTANCE TO SHOW MORE BULLISHNESS { 6071 } , SO, ANY DAY IT MAY COME DOWN FOR CORRECTION IN THIS WEEK { MAY BE ON 28 TH OF AYODHYA CASE HEARING DAY } . RIGHT NOW 20 EMA @ 5775.24 WHICH IS VERY FAR FROM CURRENT LEVEL , TO KNOW MORE ABOUT ALL EMA { 50 EMA @ 5590.56; 100 @ 5437.58 ; 200 EMA @ 5212.8 } , CLICK BELOW CHART :-
RSI CROSSED 80 TWO TIMES IN THIS WEEK ON MONDAY & TUESDAY , RIGHT NOW @ 77.10 , STOC @ 91.84 SHOWING ANY TIME CORRECTION MAY COME BY THIS OVER BOUGHT SIGNALS , CLICK CHART TO KNOW :-
 PIVOT IS 5999.53 FOR MONDAY TRADING RESISTANCE ARE 6047 - 6077 - 6125 WHERE AS SUPPORTS @ 5969 - 5921 - 5892 , HAVE A LOOK INTO CHART TO KNOW : - 
 WEEKLY PIVOT 5980.25  RESISTANCE ARE @ 6075 - 6132 - 6227 WHERE AS SUPPORTS @ 5923- 5827 - 5770 , HAVE A LOOK INTO CHART :- 


WARNING NOTE :- PANIC BUTTON { REVERSE SHORT LEVEL } @ 5866 FOR THIS WEEK IS A STOP LOSS FOR POSITIONAL LONGS ,BEWARE IF CLOSE BELOW 5866 ON ANY DAY IN THIS WEEK, UPTO THAT NO WORRY ABOUT LONGS FOR POSITIONAL FOR MORE BULL RUN
 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON  TUESDAY 28TH 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 :-
 19544 SL FOR LONGS SENSEX AS ON 24.9.10 :-
Posted by RAJESH.SALADI™ at 9/26/2010 06:44:00 PM
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2 comments:

  1. savithaSeptember 28, 2010 at 7:46 AM

    Once again enjoyed my shorts with the perfection of your levels, "WEEKLY PIVOT 5980.25 RESISTANCE ARE @ 6075 - 6132 - 6227 WHERE AS SUPPORTS @ 5923- 5827 - 5770" with the help of this line in ur post i shorted exactly @ high with a very small sl and gave me huge profits. Your weekly resi was 6075 and nifty spot high was 6073.50.

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  2. savithaSeptember 29, 2010 at 8:55 AM

    As usual every week one day is very very big jackpot for me i.e on trend reversal day, yday too was a jackpot for me bought 6000 pe @ 13rs and sold @ 36 with huge volume (ofcourse with rajesh sir's one of method partial profit booking method). Anyone has made such good profits????

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