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 10, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 3.7.11 POST NIFTY UNABLE TO CROSS 1ST WEEKLY RESISTANCE { 5743 } { AS TOLD RSI & STOC ALREADY OVER BOUGHT ZONE } . AS OF NOW NIFTY SUPPORT SEEN @ 150 EMA { 5594.67 } & NEXT @ 200 EMA { 5580.60 } & NEXT @ 100 EMA { 5578.77 } & NEXT @ 20 EMA { 5558.48 } AND LAST SUPPORT @ 50 EMA { 5543.67 } . CLICK BELOW CHART FOR ALL EMA 'S :-
RSI @ 59.46 & STOC @ 89.36 :-
 PIVOT IS 5684.03 FOR MONDAY TRADING RESISTANCE ARE 5717 - 5773 - 5806 WHERE AS SUPPORTS @ 5627 - 5594 - 5538 , HAVE A LOOK INTO CHART TO KNOW : -
  WEEKLY PIVOT 5670.6 RESISTANCE ARE @ 5730 - 5800 - 5860 WHERE AS SUPPORTS @ 5600 - 5540 - 5471 , HAVE A LOOK INTO CHART :- 

WARNING NOTE :- PANIC BUTTON @ 5607 AS ON 8.7.11 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 :-
 
CORRECTION CAN HAPPEN THIS WEEK , 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 :-
  18655 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 8.7.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-

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