HI FRIENDS, AS TOLD HERE :- 24.4.11 POST NIFTY FAILED TO CLOSE 1ST WEEKLY RESISTANCE { 5967 } ON ANY PARTICULAR DAY AND BROKEN PANIC BUTTON { 5815 } IN INTRADAY ON 26TH & CLOSED BELOW PANIC BUTTON ON 28TH , AND WE UPDATED THE PANIC BUTTON TO ALL OUR PGS & PSG CLIENTS AND THEY ALL TRADED IN PUTS AND GOT GOOD PROFITS . AS OF NOW NIFTY BROKEN 20 EMA { 5785.67 } AND BROKEN 50 EMA { 5708.36 } TOO IN INTRADAY ON FRIDAY , BUT CLOSED ABOVE 50 EMA , BUT THIS IS NOT A GOOD SIGN , PROTECT UR SHORT POSITIONS WITH SL OF PANIC BUTTON FOR THIS WEEK. NEXT SUPPORT SEEN AT 100 EMA { 5699.48 } & 150 EMA @ 5678.5 & 200 EMA @ 5629.49, CLICK CHART BELOW TO SEE :-
RSI NOW @ 49.85 STOC NOW @ 38.36 CLICK CHART TO KNOW :-
PIVOT IS 5753.28 FOR MONDAY TRADING RESISTANCE ARE 5800 - 5851 - 5898 WHERE AS SUPPORTS @ 5701 - 5655 - 5604 , HAVE A LOOK INTO CHART TO KNOW : -
WEEKLY PIVOT 5787.38 RESISTANCE ARE @ 5868 - 5987 - 6069 WHERE AS SUPPORTS @ 5668 - 5586 - 5467 , HAVE A LOOK INTO CHART :-
WARNING NOTE :- PANIC BUTTON @ 5817 AS ON 29.4.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 28.4.2011 AS PER MY 24.4.11 POST , MOVING ABOVE THIS LEVEL { REVERSE LONG LEVEL } ON CLOSING BASIS WILL START BULLISHNESS AND SHORT COVERING RALLY AGAIN IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL SHORTS :-
AS PER TIME ANALYSIS , REVERSAL WE CAN EXPECT ON TUESDAY 3RD MAY 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 :-
19373 IS SL FOR SHORTS GENERATED ON 28.4.2011 , MOVING ABOVE WILL START SHORT COVERING RALLY & BULLISHNESS FOR THIS WEEK FOR SENSEX AS ON 29.4.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-
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