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 :-
No comments:
Post a Comment