SRK TRADING CALLS: NIFTY WEEKLY VIEW & SENSEX CHARTS

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

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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 17, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS , AS TOLD HERE :- 10.4.11 POST NIFTY MOVED BELOW PANIC BUTTON ON MONDAY AND AS WE GUIDED TO PGS & PSG CLIENTS NIFTY MOVED WELL ABOVE PANIC BUTTON ON INFOSYS RESULTS EXPECTATION ON WEDNESDAY AND WE HAVE BEEN GIVEN CALLS TO ALL PGS & PSG CLIENTS FOR GOOD PROFITS , AND GIVEN PUTS AFTER INFOSYS RESULTS OUT ON FRIDAY , BOTH GUIDANCE GIVEN GOOD RETURNS TO ALL PGS & PSG CLIENTS , AND HOPE SO MANY FREE FOLLOWERS GOT BENEFIT BY THE PANIC BUTTON GUIDANCE OF LAST WEEK . AS OF NOW NIFTY WELL ABOVE 20 EMA { 5745.25 }, 50 EMA { 5662.76 } , 100 EMA { 5677.01 } , 150 EMA { 5661.31 } , 200 EMA { 5612.18 } , CLICK CHART BELOW TO SEE :-

RSI NOW @ 58.16 STOC NOW @ 79.75 CLICK CHART TO KNOW :-

PIVOT IS 5846.12 FOR MONDAY TRADING RESISTANCE ARE 5885 - 5947 - 5986 WHERE AS SUPPORTS @ 5784 - 5745 - 5683 , HAVE A LOOK INTO CHART TO KNOW : -

WEEKLY PIVOT 5827.9 RESISTANCE ARE @ 5920 - 6015 - 6108 WHERE AS SUPPORTS @ 5732 - 5639 - 5544 , HAVE A LOOK INTO CHART :-

WARNING NOTE :- PANIC BUTTON @ NIFTY 5817 { REVERSE SHORT & LONG LEVEL } DECIDING SL FOR POSITIONAL SHORTS & LONGS AS ON 15.4.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS AS WELL AS POSITIONAL SHORTS, MOVING BELOW OR ABOVE EITHER SIDE WILL DECIDE THE TREND OF THE MARKET :-

AS PER TIME ANALYSIS , REVERSAL WE CAN EXPECT ON MONDAY 18TH 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 :-