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, May 29, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 22.5.11 POST NIFTY TOOK SUPPORT @ 2ND WEEKLY SUPPORT { 5335 } ON 25TH MAY 2011 { DAY LOW 5328.7 } AND CLOSE ABOVE WEEKLY PIVOT { 5476.7 } AND ABOVE OUR PANIC BUTTON { 5507 } ON FRIDAY SHOWED BULLISHNESS FOR THE COMING WEEK . AS OF NOW RESISTANCE ARE @ 20 EMA { 5501.5 } & @  50 EMA { 5580.14 } & @ 200 EMA { 5603.5 } & @ 100 EMA { 5627.95 } & @ 150 EMA { 5633.19 } , AS WE GUIDED IN TWITTER ON 27TH MAY 2011 ITSELF :-  
THOSE WHO FOLLOWS ME IN ANY COMMUNITY SHOULD WATCH THIS IMPORTANT CHART :- http://twitpic.com/531v4v

CLICK BELOW CHART FOR ALL EMA 'S :- 
RSI NOW @ 45.56 STOC NOW @ 30.32 CLICK CHART TO KNOW :-
  PIVOT IS 5458.50 FOR MONDAY TRADING RESISTANCE ARE 5503 - 5530 - 5575 WHERE AS SUPPORTS @ 5432 - 5386 - 5359 , HAVE A LOOK INTO CHART TO KNOW : -
WEEKLY PIVOT 5430.2  RESISTANCE ARE @ 5531 - 5587 - 5688 WHERE AS SUPPORTS @ 5374 - 5273 - 5217 , HAVE A LOOK INTO CHART :- 

WARNING NOTE :- PANIC BUTTON @ 5445 AS ON 27.5.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 27.4.2011 AS PER MY ALERT IN TWITTER WITH CHART 
THOSE WHO FOLLOWS ME IN ANY COMMUNITY SHOULD WATCH THIS IMPORTANT CHART :- http://twitpic.com/531v4v
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 THURSDAY 2ND JUNE  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 :-
 18205 IS SL FOR LONGS GENERATED ON 27.5.2011  , MOVING BELOW WILL START CORRECTION & BEARISHNESS  FOR THIS WEEK FOR SENSEX AS ON 27.5.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-


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