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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