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
There was an error in this gadget

CATCH ME

My photo
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, May 8, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 1.5.11 POST NIFTY BROKEN 3RD WEEKLY SUPPORT { 5467 } ALSO IN INTRA ON THURSDAY AND MADE A LOW OF 5443.65 AND MANAGED TO CLOSE ABOVE 3RD WEEKLY SUPPORT, BUT FAILED TO CLOSED ABOVE 2ND WEEKLY SUPPORT {5586 }BY CLOSING @ 5551.45 . NIFTY STILL BELOW ALL EMA'S { 200 EMA @ 5626.6 } & 150 EMA @ 5670.98 } & { 100 EMA @ 5686.33 } & { 50 EMA @ 5681.43 } &  { 20 EMA @ 5694.98 } ALL EMA'S WILL ACT AS RESISTANCE NOW FOR ANY UPWARD DIRECTION NIFTY, BUT FOR CLEAR TREND OF BULLISHNESS FOR POSITIONAL SHORTS , AS USUAL YOU HAVE TO WATCH PANIC BUTTON ALWAYS. CLICK CHART TO BELOW FOR ALL EMA'S :- 
RSI NOW @ 40.97 STOC NOW @ 11.49 CLICK CHART TO KNOW :-
 PIVOT IS 5529.43 FOR MONDAY TRADING RESISTANCE ARE 5586 - 5621 - 5678 WHERE AS SUPPORTS @ 5494 - 5437 - 5402 , HAVE A LOOK INTO CHART TO KNOW : -
  WEEKLY PIVOT 5590.12  RESISTANCE ARE @ 5736 - 5921 - 6068 WHERE AS SUPPORTS @ 5404 - 5258 - 5073 , HAVE A LOOK INTO CHART :- 
WARNING NOTE :- PANIC BUTTON @ 5655 AS ON 6.5.11 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 THURSDAY 12TH MAY  2011  REVERSAL EITHER A HIGH OR LOW WHICH EVER COMES FIRST ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND. WATCH PANIC BUTTON FOR SUPPORT & RESISTANCE MOVING ABOVE PANIC BUTTON WILL CREATE BULLISHNESS AND AFTER MOVING UP, BREAKING PANIC BUTTON WILL CREATE BEARISHNESS, SO, DECIDE UR TRADE LIKE THAT






SENSEX WITH EMA :- 

 SENSEX WITH INDICATORS:-
 SENSEX PP CHART FOR MONDAY :-
 SENSEX WEEKLY PP CHART :-
  18893 IS SL FOR SHORTS GENERATED ON 28.4.2011  , MOVING ABOVE WILL START SHORT COVERING RALLY  & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 6.5.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-

No comments:

Post a Comment