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, April 10, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 3.4.11 POST  NIFTY CONTINUED ITS BULL RUN AND CROSSED 1ST WEEKLY RESISTANCE { 5917 } IN INTRADAY ON MONDAY BUT FAILED TO CLOSED ON ANY DAY IN THIS WEEK ON CLOSING BASIS AND UNABLE TO REACH 2ND WEEKLY RESISTANCE AND OVER ALL RSI ALSO REACHED TO OVER BOUGHT REGION { 70 } ON MONDAY { 69.73 } AND TUESDAY { 69.8 } AS WELL AS STOC TOO . AS OF NOW NIFTY WELL ABOVE  20 EMA { 5711.45 }, 50 EMA { 5640.02 } , 100 EMA { 5666.87 } , 150 EMA { 5653.99 } , 200 EMA { 5605.22 } , CLICK CHART BELOW TO SEE :- 
RSI NOW @ 63.37 STOC NOW @ 88.04 CLICK CHART TO KNOW :- 

PIVOT IS 5863.65 FOR MONDAY TRADING RESISTANCE ARE 5905 - 5968 - 6010 WHERE AS SUPPORTS @ 5800 - 5758 - 5695 , HAVE A LOOK INTO CHART TO KNOW : - 
 WEEKLY PIVOT 5869.48  RESISTANCE ARE @ 5916 - 5991 - 6039 WHERE AS SUPPORTS @ 5794 - 5747 - 5672 , HAVE A LOOK INTO CHART :- 
WARNING NOTE :- PANIC BUTTON @ 5803 AS ON 8.4.11 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 NEXT WEEK MONDAY 18TH APRIL  2011 AS TWO HOLIDAYS ARE THERE IN THIS WEEK {12TH APRIL 2011 SRI RAMA NAVAMI & 14TH APRIL 2011 AMBEDKAR JAYANTHI } 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 :-
 19277 IS SL FOR LONGS GENERATED ON 23.3.2011  , MOVING BELOW WILL START CORRECTION & BEARISHNESS  FOR THIS WEEK FOR SENSEX AS ON 8.4.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-

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