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, February 20, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 13.2.11 POST NIFTY REACHED 38.2% RETRACEMENT { 5560.98 } [ FRIDAY HIGH 5599.25 ] AFTER CROSSING PANIC BUTTON { 5406 } ON MONDAY. 20 EMA @ 5497.32 WHICH WILL ACT AS RESISTANCE , 200 EMA @ 5612.84 & 150 EMA @ 5689.86 & 100 EMA @ 5730.39 & 50 EMA @ 5661.11 , CLICK CHART BELOW TO SEE :- 
RSI NOW @ 44.14 STOC NOW @ 68.86 CLICK CHART TO KNOW :-
   PIVOT IS 5500.05 FOR MONDAY TRADING RESISTANCE ARE 5558 - 5657 - 5715 WHERE AS SUPPORTS @ 5400 - 5342 - 5243 , HAVE A LOOK INTO CHART TO KNOW : - 

WEEKLY PIVOT 5466.15  RESISTANCE ARE @ 5592 - 5725 - 5851 WHERE AS SUPPORTS @ 5333 - 5207 - 5074 , HAVE A LOOK INTO CHART :- 

 WARNING NOTE :- PANIC BUTTON @ 5455 AS ON 18.2.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 14.2.2011 AS PER MY 13.2.11 POST , MOVING BELOW THIS LEVEL { REVERSE SHORT LEVEL } ON CLOSING BASIS WILL INVITE CORRECTION AND BEARISHNESS AGAIN IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL LONGS :-
  AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON TUESDAY 22ND 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 :-
 18209 IS SL FOR LONGS GENERATED ON 14.2.2011  , MOVING BELOW WILL INVITE CORRECTION & BEEARISHNESS  FOR THIS WEEK FOR SENSEX AS ON 18.2.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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