NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 27.2.11 POST NIFTY MOVED ABOVE PANIC BUTTON { 5413 } ON BUDGET DAY { MONDAY } IN INTRA DAY , BUT FAILED TO CLOSE ABOVE ,BUT WELL CLOSED ON TUESDAY AND BUY INITIATED FOR POSITIONAL CONTINUED ON THURSDAY & FRIDAY AND CLOSED ABOVE 1ST WEEKLY RESISTANCE { 5475 } . NIFTY IS NOW ABOVE 20 EMA { 5465.33 } 200 EMA IS @ 5597.65 , 150 EMA @ 5661.22 & 100 EMA @ 5682.06 & 50 EMA @ 5593.79, CLICK CHART BELOW TO SEE :- 

 RSI NOW @ 52.05 STOC NOW @ 83.55 CLICK CHART TO KNOW :-

PIVOT IS 5557.02 FOR MONDAY TRADING RESISTANCE ARE 5589 - 5641 - 5674 WHERE AS SUPPORTS @ 5505 - 5472 - 5421 , HAVE A LOOK INTO CHART TO KNOW : - 

 WEEKLY PIVOT 5485.18  RESISTANCE ARE @ 5661 - 5784 - 5961 WHERE AS SUPPORTS @ 5362 - 5185 - 5062 , HAVE A LOOK INTO CHART :- 

 WARNING NOTE :- PANIC BUTTON @ 5455 AS ON 4.3.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 1.3.2011 AS PER MY 27.2.11 POST , MOVING BELOW THIS LEVEL { REVERSE SHORT LEVEL } ON CLOSING BASIS WILL START 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 8TH 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 :-

 18217 IS SL FOR LONGS GENERATED ON 1.3.2011  , MOVING BELOW WILL START CORRECTION & BEARISHNESS  FOR THIS WEEK FOR SENSEX AS ON 4.3.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-