NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 15.5.11 POST NIFTY STILL BELOW ALL EMA AND TOOK SUPPORT @ 2ND WEEKLY SUPPORT { 5407 } { WEEKLY LOW IS 5401.25 } AND PANIC BUTTON UPDATED TO ALL TWITTER FOLLOWERS ON THURSDAY 19TH MAY 2011 AS FOLLOWS :- ABOVE 5520 IN NIFTY SPOT & ABOVE 5532 IN MAY FUTURE WILL INVITE SHORT COVERING RALLY WHICH IS UPDATED PANIC BUTTON TOLD IN WEEKLY POST HERE :- http://bit.ly/jPiM0f , SO, THAT IS SL FOR POSITIONAL SHORTS WHICH WE ENTERED @ 5830 !!!!!! 1:00 PM May 19th via TweetDeck AND ITS NOT HITTED ON FRIDAY BULLISHNESS ALSO , SO, OUR POSITIONAL SHORTS ARE STILL IN SAFE , FOR MORE DETAILS FOR THIS WEEK, WATCH THIS WEEK PANIC BUTTON ON WRITE UP , AS OF NOW NIFTY STILL BELOW ALL EMA : - 200 EMA { 5613.72 } & 150 EMA { 5648.97 } &  100 EMA { 5651.44 } & 50 EMA { 5618.84 } & 20 EMA { 5562.29 } . CLICK BELOW FOR ALL EMA 'S :- 

RSI NOW @ 41.98 STOC NOW @ 11.22 CLICK CHART TO KNOW :-

 PIVOT IS 5478.88 FOR MONDAY TRADING RESISTANCE ARE 5525 - 5563 - 5609 WHERE AS SUPPORTS @ 5440 - 5394 - 5355 , HAVE A LOOK INTO CHART TO KNOW : -

  WEEKLY PIVOT 5476.47  RESISTANCE ARE @ 5551 - 5617 - 5692 WHERE AS SUPPORTS @ 5411 - 5335 - 5270 , HAVE A LOOK INTO CHART :- 

WARNING NOTE :- DECIDING POINT FOR LONGS AS WELL AS SHORTS  @ 5507 AS ON 20.5.11 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 , MOVING ABOVE BULLISHNESS ON ANY DAY AND AFTER GOING UP IF IT IS MOVING DOWN ON ANY DAY SHOWS BEARISHNESS :-

 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON WEDNESDAY 25TH 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 :-

  18418 IS SL FOR SHORTS GENERATED ON 28.4.2011  , MOVING ABOVE WILL START SHORT COVERING RALLY  & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 20.5.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-