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 27, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS , AS TOLD HERE :- 20.2.11 POST NIFTY CLOSED ABOVE PANIC BUTTON { 5455 }AND TRIED TO BE BULLISH ON MONDAY & TUESDAY AND BROKEN ON WEDNESDAY AND PANIC STARTED AND CONTINUED ON THURSDAY & FRIDAY. 20 EMA @ 5453.35 WHICH WILL ACT AS RESISTANCE , 200 EMA @ 5602.31 & 150 EMA @ 5670.95 & 100 EMA @ 5698.54 & 50 EMA @ 5612.54 , CLICK CHART BELOW TO SEE :- 
 RSI NOW @ 38.49 STOC NOW @ 37.2 CLICK CHART TO KNOW :- 
 PIVOT IS 5291.5 FOR MONDAY TRADING RESISTANCE ARE 5350 - 5396 - 5455 WHERE AS SUPPORTS @ 5244 - 5186 - 5139 , HAVE A LOOK INTO CHART TO KNOW : -
WEEKLY PIVOT 5354.18  RESISTANCE ARE @ 5475 - 5647 - 5659 WHERE AS SUPPORTS @ 5182 - 5060 - 4888 , HAVE A LOOK INTO CHART :- 
 WARNING NOTE :- PANIC BUTTON @ 5413 AS ON 25.2.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 23.2.2011 AS PER MY 20.2.11 POST , MOVING ABOVE THIS LEVEL { REVERSE LONG LEVEL } ON CLOSING BASIS WILL INVITE SHORT COVERING RALLY 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 2ND MARCH 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 :-

 18096 IS SL FOR SHORTS GENERATED ON 23.2.2011  , MOVING ABOVE WILL INVITE SHORT COVERING RALLY & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 25.2.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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