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, January 23, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS , AS TOLD HERE :- 16.11.11 POST NIFTY TRYING TO TAKE SUPPORT NEAR TO 200 EMA ON MONDAY AND MOVED NEAR TO 150 EMA ON WEDNESDAY WHICH WAS TOLD AS RESISTANCE FOR THE WEEK AND CONSOLIDATION GOING ON UPTO FRIDAY BUT FAILED TO CROSS WEEKLY PIVOT { 5733.82 } ON WEEKLY CLOSING BASIS SHOWING STILL BEARISHNESS IN SHORT TIME , NOW THIS WEEK AS OF NOW 200 EMA @ 5645.45  CLOSED ABOVE 200 EMA ON FRIDAY & 150 EMA @ 5757.31 WHICH IS RESISTANCE AS OF NOW & 100 EMA @ 5858.23 & 50 EMA @ 5903.19 & 20 EMA @ 5829.51 , TO KNOW MORE CLICK CHART BELOW :-
RSI NOW @ 38.19 STILL TO GO BELOW OVER SOLD REGION {30 } STOC NOW @ 13.57 ALREADY GONE BELOW OVER SOLD REGIONS { 20 }  CLICK CHART TO KNOW :- 
 PIVOT IS 5696.18 FOR MONDAY TRADING RESISTANCE ARE 5717 - 5739 - 5760 WHERE AS SUPPORTS @ 5674 - 5653 - 5631 , HAVE A LOOK INTO CHART TO KNOW : -
WEEKLY PIVOT 5689.43  RESISTANCE ARE @ 5754 - 5812 - 5878 WHERE AS SUPPORTS @ 5631 - 5565 - 5507 , HAVE A LOOK INTO CHART :- 

WARNING NOTE :- PANIC BUTTON @ 5775 AS ON 21.1.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 7.1.2011 AS PER MY 2.1.11 POST , MOVING ABOVE THIS LEVEL { REVERSE LONG LEVEL } ON CLOSING BASIS WILL INVITE SHORT COVERING AND BULLISHNESS AGAIN IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL SHORTS  :-
 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON THURSDAY 27TH 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 :-

 19268 IS SL FOR SHORTS GENERATED ON 7.1.2011  , MOVING ABOVE WILL INVITE SHORT COVERING & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 21.1.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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