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 24, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 17.4.11 POST PANIC BUTTON 5817 ACTED AS GOOD FOR SHORTS AS WELL AS LONGS IN THE LAST WEEK , ON BREAKING OF 5817 ON MONDAY IT MADE A LOW OF 5722.25 BY CLOSING @ 5729.1 & CONTINUED ON TUESDAY AND MADE A LOW OF 5693.25 BY CLOSING @ 5740.75 AND BULLISHNESS HAPPENED AFTER GOING UPSIDE ON WEDNESDAY AND CLOSED @ 5851.65 ABOVE PANIC BUTTON, CONTINUES TO THURSDAY. AS OF NOW NIFTY WELL ABOVE  20 EMA { 5766.21 }, 50 EMA { 5683.71 } , 100 EMA { 5686.69 } , 150 EMA { 5668.65 } , 200 EMA { 5619.63 } , CLICK CHART BELOW TO SEE :- 
 RSI NOW @ 60.07 STOC NOW @ 57.8 CLICK CHART TO KNOW :- 
 PIVOT IS 5887.32 FOR MONDAY TRADING RESISTANCE ARE 5910 - 5935 - 5958 WHERE AS SUPPORTS @ 5861 - 5838 - 5813 , HAVE A LOOK INTO CHART TO KNOW : - 
  WEEKLY PIVOT 5830.28  RESISTANCE ARE @ 5967 - 6049 - 6186 WHERE AS SUPPORTS @ 5747 - 5610 - 5528 , HAVE A LOOK INTO CHART :- 

WARNING NOTE :- PANIC BUTTON @ 5815 AS ON 21.4.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 20.4.2011 AS PER MY 17.4.11 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 TUESDAY 26TH 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 :-
  19352 IS SL FOR LONGS GENERATED ON 20.4.2011  , MOVING BELOW WILL START CORRECTION & BEARISHNESS  FOR THIS WEEK FOR SENSEX AS ON 21.4.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-

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