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, January 30, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 23.1.11 POST NIFTY MOVED NEARER TO 150 EMA ON MONDAY AND CROSSED ON TUESDAY { WHICH TOLD AS RESISTANCE } BUT FAILED TO CLOSE ABOVE AND I GIVEN THAT WARNING ALSO IN TWITTER AS SHOULD CLOSE ABOVE PANIC BUTTON { 5775 } FOR SHORT COVERING RALLY EVEN THOUGH IT CROSSED IN INTRADAY , BUT FAILED TO CLOSE ABOVE 5775 AND PANIC HAPPENED IN INTRADAY ITSELF AND CONTINUED ON THURSDAY & FRIDAY TOO NEARLY 200 POINTS DOWN FROM 200 EMA { 5645.07 } , FRIDAY LOW IS 5459.55 BROKEN ALL WEEKLY SUPPORTS , CLICK BELOW CHART TO KNOW ABOUT ALL EMA WHICH WILL ACT AS RESISTANCE IN ANY SHORT COVERING RALLY FOR THE WEEK :-
RSI NOW @ 31.08 STILL TO GO BELOW OVER SOLD REGION {30 } STOC NOW @ 7.64 ALREADY GONE BELOW OVER SOLD REGIONS { 20 }  CLICK CHART TO KNOW :- 
 PIVOT IS 5528.7 FOR MONDAY TRADING RESISTANCE ARE 5597 - 5683 - 5752 WHERE AS SUPPORTS @ 5443 - 5373 - 5288 , HAVE A LOOK INTO CHART TO KNOW : - 
 WEEKLY PIVOT 5591.08  RESISTANCE ARE @ 5722 - 5933 - 6064 WHERE AS SUPPORTS @ 5380 - 5249 - 5038 , HAVE A LOOK INTO CHART :- 

WARNING NOTE :- PANIC BUTTON @ 5708 AS ON 28.1.11 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 TUESDAY 1ST FEBRUARY 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 :-
  19043 IS SL FOR SHORTS GENERATED ON 7.1.2011  , MOVING ABOVE WILL INVITE SHORT COVERING & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 28.1.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

3 comments:

  1. Excellent prediction of reversal day, i made a handsome profit from it, thanks

    ReplyDelete
  2. """"PIVOT IS 5528.7 FOR MONDAY TRADING RESISTANCE ARE 5597 - 5683 - 5752 WHERE AS SUPPORTS @ 5443"""" this sentence helped me to buy nifty @ 5445 as the low was 5438 on monday, GREAT JOB THUMBS UP

    ReplyDelete
  3. Good, u gained some profit , cheers !!!!!!!

    ReplyDelete