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, February 6, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 30.1.2011 POST EVERY DAY 1ST WEEKLY SUPPORT { 5380 } ACTED AS GOOD SUPPORT AND WEEKLY PIVOT { 5591.08 }  ACTED AS GOOD RESISTANCE ON EVERY HIGH MADE ON MONDAY { 5526.85 } & TUESDAY { 5539.15 } & THURSDAY { 5532.65 } & FRIDAY { 5556.3 } AS 200 EMA RESISTANCE IS VERY FAR , BUT MARKET GIVEN CHANCE TO TRADE IN THIS RANGE FOR THE WEEK AS RSI IS NEARING TO OVER SOLD REGION . AS PER MY TWITTER ALERT MARKET NOT MOVED ABOVE PANIC BUTTON ON ANY DAY FOR SHORT COVERING RALLY AND IT CREATED PANIC SELLING ON FRIDAY. 
AS OF NOW 200 EMA @ 5635.82 CLICK BELOW CHART TO KNOW ABOUT ALL EMA :- 
RSI NOW @ 31.66 STILL TO GO BELOW OVER SOLD REGION {30 } STOC NOW @ 13.16 ALREADY GONE BELOW OVER SOLD REGIONS { 20 }  CLICK CHART TO KNOW :- 
  PIVOT IS 5440.37 FOR MONDAY TRADING RESISTANCE ARE 5511 - 5627 - 5698 WHERE AS SUPPORTS @ 5324 - 5253 - 5137 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 5440.37  RESISTANCE ARE @ 5511 - 5627 - 5698 WHERE AS SUPPORTS @ 5324 - 5253 - 5137 , HAVE A LOOK INTO CHART :- 
WARNING NOTE :- PANIC BUTTON @ 5569 AS ON 4.2.11 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 WEDNESDAY 9TH 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 :-
   18572 IS SL FOR SHORTS GENERATED ON 7.1.2011  , MOVING ABOVE WILL INVITE SHORT COVERING & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 4.2.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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