NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 5.6.11 POST NIFTY MOVED NEARER TO 50 EMA { 5572.69 } IN INTRA DAY ON TUESDAY BUT FAILED TO CROSS OR CLOSE ABOVE 1ST WEEKLY RESISTANCE { 5594 } AND SHOWED BEARISHNESS AND BROKEN PANIC BUTTON {5508 } ON FRIDAY AND SHORTS GENERATED . AS OF NOW NIFTY BELOW ALL EMA 20 EMA @ 5518.59 & 50 EMA { 5563.75 } & @ 200 EMA { 5596.62 } & @ 100 EMA { 5610.36 } & @ 150 EMA { 5620.45 } . CLICK BELOW CHART FOR ALL EMA 'S :- 

 RSI NOW @ 45.68 STOC  @ 66.08 CLICK CHART TO KNOW :-

  PIVOT IS 5488.23 FOR MONDAY TRADING RESISTANCE ARE 5519 - 5552 - 5583 WHERE AS SUPPORTS @ 5455 - 5424 - 5391 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 5504.45 RESISTANCE ARE @ 5551 - 5617 - 5664 WHERE AS SUPPORTS @ 5438 - 5391 - 5326 , HAVE A LOOK INTO CHART :- 

 WARNING NOTE :- PANIC BUTTON @ 5514 AS ON 10.6.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 10.6.2011 AS PER 5.6.11 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 16TH 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 :-

 18370 IS SL FOR SHORTS GENERATED ON 10.6.2011  , MOVING ABOVE WILL START BULLISHNESS & SHORT COVERING RALLY FOR THIS WEEK FOR SENSEX AS ON 10.6.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-