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
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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, March 20, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS , AS TOLD HERE :- 13.3.11 POST NIFTY MOVED ABOVE PANIC BUTTON ON MONDAY ON CLOSING BASIS , BUT COULD NOT SUSTAIN ON TUESDAY AND CONSOLIDATED ON WEDNESDAY TOO ABOVE PANIC BUTTON AND AGAIN FAILED TO CLOSE ABOVE PANIC BUTTON ON THURSDAY SHOWED TOTAL VOLATILITY FOR THE WEEK BY THE NEWS OF JAPAN AND IN GLOBAL MARKETS UNCERTAINTY AND OVER ALL WEEK BELOW ALL EMA SHOWED BEARISHNESS { COULD NOT CROSS 1ST WEEKLY RESISTANCE ON ANY DAY { 5536 } . PERFECT GUIDANCE GIVEN TO PGS & PSG CLIENTS BASED ON GLOBAL CONDITIONS ON DAILY BASIS REGARDING PANIC BUTTON UPDATE . NIFTY IS NOW STILL BELOW 20 EMA { 5467.52 } 50 EMA IS @ 5554.19 , 100 EMA @ 5644.57  & 150 EMA @ 5638.07 & 200 EMA @ 5586.07 , CLICK CHART BELOW TO SEE :- 
  RSI NOW @ 43.4 STOC NOW @ 56.22 CLICK CHART TO KNOW :- 
 PIVOT IS 5407.72 FOR MONDAY TRADING RESISTANCE ARE 5449 - 5524 - 5565 WHERE AS SUPPORTS @ 5332 - 5291 - 5215 , HAVE A LOOK INTO CHART TO KNOW : -
WEEKLY PIVOT 5425.8  RESISTANCE ARE @ 5485 - 5596 - 5656 WHERE AS SUPPORTS @ 5314 - 5254 - 5143 , HAVE A LOOK INTO CHART :- 
WARNING NOTE :- PANIC BUTTON @ 5468 AS ON 18.3.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 17.3.2011 AS PER MY  13.3.11 POST  , MOVING ABOVE THIS LEVEL { REVERSE LONG LEVEL } ON CLOSING BASIS WILL START 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 TUESDAY 22ND 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 :-
   18252 IS SL FOR SHORTS GENERATED ON 17.3.2011  , MOVING ABOVE WILL START SHORT COVERING & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 18.3.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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