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 26, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 20.6.11 POST NIFTY BROKEN CRUCIAL SUPPORTS { 1ST WEEKLY SUPPORT @ 5308 & 2ND WEEKLY SUPPORT @ 5249 } AND MOVED NEAR TO 3RD WEEKLY SUPPORT { 5143 } IN INTRA DAY ON 20.6.11 INTRA DAY , BUT MANAGED TO CLOSE ABOVE 2ND WEEKLY SUPPORT ON CLOSING BASIS AND CONTINUED ON TUESDAY & WEDNESDAY AND CLOSED ABOVE 1ST WEEKLY SUPPORT ON THURSDAY AND AS WE UPDATED THE PANIC BUTTON TO ALL SUBSCRIBERS AND IT HITTED OUR SL OF OUR POSITIONAL SHORTS AND LONGS GENERATED ON FRIDAY . AS OF NOW NIFTY ABOVE 20 EMA @ 5423.81 :- NEXT RESISTANCE WILL BE @ 50 EMA { 5501.42 } & @ 200 EMA { 5575.85} & @ 100 EMA { 5568.08 } & @ 150 EMA { 5590.18 } . CLICK BELOW CHART FOR ALL EMA 'S :- 
 RSI REACHED 30.49 ON MONDAY DUE TO PANIC AND ENTERED IN TO OVER SOLD ZONE AND RECOVERED NOW @ 51.43 STOC  @ 41.36 CLICK CHART TO KNOW :-
 PIVOT IS 5430.83 FOR MONDAY TRADING RESISTANCE ARE 5518 - 5565 - 5652 WHERE AS SUPPORTS @ 5383 - 5296 - 5249 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 5381.67 RESISTANCE ARE @ 5567 - 5663 - 5849 WHERE AS SUPPORTS @ 5285 - 5099 - 5009 , HAVE A LOOK INTO CHART :- 

 WARNING NOTE :- PANIC BUTTON @ 5378 AS ON 24.6.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 24.6.2011 AS PER 20.6.11 POST ,   MOVING BELOW THIS LEVEL { REVERSE SHORT LEVEL } ON CLOSING BASIS WILL START BEARISHNESS AND CORRECTION AGAIN IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL LONGS :-

 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON THURSDAY 30TH 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 :-
 17939 IS SL FOR LONGS GENERATED ON 24.6.2011  , MOVING BELOW WILL START BEARISHNESS & CORRECTION FOR THIS WEEK FOR SENSEX AS ON 24.6.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-

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