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, June 5, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 29.5.11 POST  NIFTY MOVED ABOVE 20 EMA & 50 EMA & 2ND WEEKLY RESISTANCE ON 30TH MAY TO 1ST JUNE TRADING , BUT FAILED TO CLOSE ABOVE 200 EMA & 3RD WEEKLY RESISTANCE AND TURNED BACK TO 20 EMA LEVEL { 5516.54 } . AS OF NOW RESISTANCE ARE  @  50 EMA { 5572.69 } & @ 200 EMA { 5600.33 } & @ 100 EMA { 5619.46 } & @ 150 EMA { 5627.09 } . CLICK BELOW CHART FOR ALL EMA 'S :- 
RSI NOW @ 48.35 STOC REACHED TO OVER BOUGHT NOW @ 81.2 CLICK CHART TO KNOW :-
   PIVOT IS 5542.97 FOR MONDAY TRADING RESISTANCE ARE 5578 - 5640 - 5676 WHERE AS SUPPORTS @ 5480 - 5445 - 5383 , HAVE A LOOK INTO CHART TO KNOW : -
 WEEKLY PIVOT 5526.77 RESISTANCE ARE @ 5594 - 5673 - 5741 WHERE AS SUPPORTS @ 5448 - 5380 - 5302 , HAVE A LOOK INTO CHART :- 
WARNING NOTE :- PANIC BUTTON @ 5508 AS ON 3.6.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 27.4.2011 AS PER MY ALERT IN TWITTER WITH CHART ,   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 7TH 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 :-
 18358 IS SL FOR LONGS GENERATED ON 27.5.2011  , MOVING BELOW WILL START CORRECTION & BEARISHNESS  FOR THIS WEEK FOR SENSEX AS ON 3.6.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-

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