NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 6.2.11 POST NIFTY WENT BELOW OVER SOLD REGION FROM TUESDAY , WEDNESDAY , THURSDAY AND NOW BOUNCE HAPPENING 

38.2% RETRACEMENT @ 5560.98 & 50% @ 5679.37 & 61.8% @  5797.77 OF TOTAL FALL FROM 6181.05 TO 5177.7 PULL BACK RALLY { IF IT CROSS OUR PANIC BUTTON 5406 CROSSED ON CLOSING BASIS } CAN EXPECT UPTO THAT LEVEL AS RSI ALSO GONE BELOW OVER SOLD REGION { BELOW 30 } FROM TUESDAY WEDNESDAY THURSDAY

20 EMA @ 5504.62 WHICH WILL ACT AS RESISTANCE , 200 EMA @ 5619.39 & 150 EMA @ 5703.98 & 100 EMA @ 5756.19 & 50 EMA @ 5700.03

RSI NOW @ 33 WENT BELOW OVER SOLD REGION {30 } ON TUESDAY { 28.65 } & WEDNESDAY { 26.71 } & THURSDAY { 25.83 } STOC NOW @ 10.28 ALREADY GONE BELOW OVER SOLD REGIONS { 20 }  CLICK CHART TO KNOW :- 

   PIVOT IS 5269.05 FOR MONDAY TRADING RESISTANCE ARE 5360 - 5410 - 5502 WHERE AS SUPPORTS @ 5218 - 5127 - 5076 , HAVE A LOOK INTO CHART TO KNOW : - 

 WEEKLY PIVOT 5309.35  RESISTANCE ARE @ 5441 - 5572 - 5703 WHERE AS SUPPORTS @ 5178 - 5046 - 4915 , HAVE A LOOK INTO CHART :- 

 WARNING NOTE :- PANIC BUTTON @ 5406 AS ON 11.2.11 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 THURSDAY 17TH 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 :-

    18053 IS SL FOR SHORTS GENERATED ON 7.1.2011  , MOVING ABOVE WILL INVITE SHORT COVERING & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 11.2.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-