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, April 3, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 27.3.11 POST NIFTY CONTINUED ITS BULL RUN AND CROSSED ITS 1ST WEEKLY RESISTANCE { 5764 } VERY WELL ON 30.3.11 AND CLOSED ABOVE AND CONTINUED UPTO 1.4.11 FRIDAY BUT FAILED TO CROSS 2ND WEEKLY RESISTANCE { 5875 } EVEN THOUGH HIGH MADE 5872 ON THURSDAY & 5860.2 ON FRIDAY . AS OF NOW NIFTY WELL ABOVE  20 EMA { 5599.14 }, 50 EMA { 5585.48 } , 100 EMA { 5643.73 } , 150 EMA { 5637.92 } , 200 EMA { 5590.76 } , CLICK CHART BELOW TO SEE :- 
RSI NOW @ 66.47 STOC NOW @ 93.51 CLICK CHART TO KNOW :- 
  PIVOT IS 5832.22 FOR MONDAY TRADING RESISTANCE ARE 5854 - 5882 - 5903 WHERE AS SUPPORTS @ 5804 - 5782 - 5754 , HAVE A LOOK INTO CHART TO KNOW : -
WEEKLY PIVOT 5780.42  RESISTANCE ARE @ 5917 - 6009 - 6146 WHERE AS SUPPORTS @ 5688 - 5551 - 5460 , HAVE A LOOK INTO CHART :- 
WARNING NOTE :- PANIC BUTTON @ 5674 AS ON 1.4.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 23.3.2011 AS PER MY 20.3.11 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 MONDAY 4TH APRIL  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 :-
 18910 IS SL FOR LONGS GENERATED ON 23.3.2011  , MOVING BELOW WILL START CORRECTION & BEARISHNESS  FOR THIS WEEK FOR SENSEX AS ON 1.4.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-

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