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
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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, November 14, 2010

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 7.11.10 POST NIFTY MOVED TO 1ST RESISTANCE ON MONDAY BUT FAILED TO CLOSE ABOVE TO MOVE TOWARDS LIFE TIME HIGH AS EXPECTED , AND ON TUESDAY AS SAID REVERSAL HAPPENED OPENED HIGH AFTER MAKING A LOW AGAIN GONE TO BREAK DAY HIGH, BUT FAILED TO CROSS RESISTANCE . AND PANIC BUTTON HITTED ON FRIDAY AND CORRECTION STARTED , BROKEN 20 EMA ALSO, NOW 20 EMA @ 6149.61 WHICH IS ALREADY BROKEN AND NEXT SUPPORT 50 EMA  IS @ 6002.13  TO KNOW MORE ABOUT ALL EMA { 100 @ 5785.33 ; 200 EMA @ 5481.97 } , CLICK BELOW CHART :-
 RSI @ 47.54 &  STOC @60.65 , CORRECTION HAPPENED AS TOLD ITS A OVER BOUGHT REGION IN LAST WEEK 7.11.10 POST  , CLICK CHART TO KNOW :-
 PIVOT IS 6110.30 FOR MONDAY TRADING RESISTANCE ARE 6163 - 6256 - 6309 WHERE AS SUPPORTS @ 6018 - 5964 - 5872 , HAVE A LOOK INTO CHART TO KNOW : - 

 WEEKLY PIVOT 6154.77  RESISTANCE ARE @ 6252 - 6433 - 6531 WHERE AS SUPPORTS @ 5973- 5875 - 5694 , HAVE A LOOK INTO CHART :-
WARNING NOTE :- PANIC BUTTON @ 6186   FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON FRIDAY ON 12.11.10 , NO WORRY ABOUT SHORTS UNTIL THIS LEVEL { REVERSE LONG LEVEL } BREAKS ON UPSIDE ON CLOSING BASIS  , MARKETS SLIPPED TO CORRECTION MODE AS OF NOW AS ALREADY TOLD PANIC SELLING CAN HAPPEN ON ANY DAY IN LAST WEEK POST :-
 AS PER TIME ANALYSIS REVERSAL WE CAN EXPECT ON 16.11.10 TUESDAY ,REVERSAL EITHER HIGH OR LOW WHICH EVER COMES FIRST AND REVERSE THE EARLIER TREND




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


 SENSEX WEEKLY PP CHART :-

 20555 IS SL FOR SHORTS GENERATED ON FRIDAY i.e., on 12.11.10  , MOVING ABOVE  WILL INVITE BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 12.11.10 :-

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