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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