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
There was an error in this gadget

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, January 2, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE 26.12.10 POST NIFTY MOVED TO 1ST DAILY RESISTANCE { 6O39 } ON MONDAY BUT COULD NOT SUSTAIN ABOVE AFTER MAKING A HIGH OF  6045.75 , BUT CLOSED WELL ABOVE PIVOT. , TUESDAY ALSO ANOTHER DAY OF CONSOLIDATION BUT WORKED WELL BY REVERSAL DAY IN TRADING PURPOSE AND BY OUR LEVELS IN NIFTY FUTURE, AND 1ST WEEKLY RESISTANCE {6056 } BROKEN ON WEDNESDAY AND CLOSED WELL ABOVE BY MAKING A HIGH OF { 6067.85 } AND AS EXPECTED IT CONTINUED ON THURSDAY TOO AND BROKEN 2ND WEEKLY RESISTANCE { 6102 } AND CLOSED ABOVE BY MAKING A HIGH OF { 6106.4 } AND IT CONTINUED ON FRIDAY TOO BY MAKING A HIGH OF { 6147.3 } BUT NOT CROSSED 3RD WEEKLY RESISTANCE { 6180 }. AS OF NOW 20 EMA IS @ 5999.74 WHICH IS TOO FAR FROM PRESENT LEVEL { SAME AS 50 EMA @ 5976.27 100 EMA @ 5869.18 150 EMA @ 5740.94  200 EMA @ 5615.03 } TO KNOW MORE CLICK CHART BELOW :- 
 RSI @  61..58 { NEARER TO 70 LEVEL }  & STOC @ 97.91 { ALREADY CROSSED 80 }  , AS TOLD IN LAST WEEK TRIX ALREADY CROSSED 0 , MACD CROSSED 0 LINE , CLICK CHART TO KNOW :-
   PIVOT IS 6128.45 FOR MONDAY TRADING RESISTANCE ARE 6153 - 6172 - 6197 WHERE AS SUPPORTS @ 6109 - 6084 - 6065 , HAVE A LOOK INTO CHART TO KNOW : - 
   WEEKLY PIVOT 6088.02  RESISTANCE ARE @ 6193 - 6253 - 6358 WHERE AS SUPPORTS @ 6028 - 5922 - 5863 , HAVE A LOOK INTO CHART :- 
WARNING NOTE :- PANIC BUTTON @ 6018 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 16.12.10 AS PER MY TWITTER ALERT , MOVING BELOW THIS LEVEL { REVERSE SHORT LEVEL } ON CLOSING BASIS WILL INVITE CORRECTION AGAIN IN THIS WEEK ON ANY DAY , UPTO THAT NO WORRY ABOUT POSITIONAL LONGS  :-
 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON MONDAY 3RD JANUARY 2011 NEXT ON THURSDAY 6TH JANUARY 2011 , 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 :-
 20107 IS SL FOR LONGS GENERATED ON 16.12.10  , MOVING BELOW WILL INVITE BEARISHNESS  FOR THIS WEEK FOR SENSEX AS ON 31.12.10 :-

No comments:

Post a Comment