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, July 3, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 27.6.11 POST NIFTY MOVED ABOVE ALL EMA'S AND CROSSED 2ND WEEKLY RESISTANCE I { 5663 } IN INTRA DAY ON FRIDAY DUE TO GAP UP OPENING , BUT FAILED TO MANAGE CLOSING ABOVE 5663 AND CLOSED @ 5627.2. AS OF NOW NIFTY SUPPORT SEEN @ 150 EMA { 5590.18 } & NEXT @ 200 EMA { 5576.54 } & NEXT @ 100 EMA { 5570.23 } & NEXT @ 50 EMA { 5517.8 } AND LAST SUPPORT @ 20 EMA { 5491.34 } . CLICK BELOW CHART FOR ALL EMA 'S :- 
 RSI REACHED 62.82 NEAR TO OVER BOUGHT REGION { 70 }  ON THURSDAY DUE TO CONTINUOUS RALLY OF 8 DAYS BUT STILL NOT CROSSED OVER SOLD REGION ,NOW @ 60.89 STOC ALREADY CROSSED OVER BOUGHT REGION {80 } AND NOW  @ 93.44 CLICK CHART TO KNOW :-

 PIVOT IS 5647.58 FOR MONDAY TRADING RESISTANCE ARE 5685 - 5743 - 5781 WHERE AS SUPPORTS @ 5589 - 5551 - 5493 , HAVE A LOOK INTO CHART TO KNOW : -
 WEEKLY PIVOT 5589.08 RESISTANCE ARE @ 5743 - 5860 - 6015 WHERE AS SUPPORTS @ 5472 - 5317 - 5200 , HAVE A LOOK INTO CHART :- 

WARNING NOTE :- PANIC BUTTON @ 5515 AS ON 1.7.11 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 ON CLOSING BASIS WILL START BEARISHNESS AND CORRECTION AGAIN { REVERSE SHORT LEVEL } IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL LONGS :-
 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON THURSDAY 7TH JULY  2011  REVERSAL EITHER A HIGH OR LOW WHICH EVER COMES FIRST ON THIS DAY AND THEN CAN REVERSE THE EARLIER TREND. WATCH PANIC BUTTON * { STOP & REVERSE SHORT LEVEL }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 :-
 18359 IS SL FOR LONGS GENERATED ON 24.6.2011  , MOVING BELOW WILL START BEARISHNESS & CORRECTION { REVERSE SHORT LEVEL }FOR THIS WEEK FOR SENSEX AS ON 1.7.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-


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