NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE  17.7.11 POST  NIFTY TOOK SUPPORT @ 2ND WEEKLY SUPPORT { 5540 } , PANIC BUTTON GIVEN GOOD MOVES FOR BOTH SHORTS & LONGS IN THIS WEEK AND POSITIONAL LONGS GENERATED ON 22.7.11 AND NIFTY NOW ABOVE ALL EMA . AS OF NOW NIFTY SUPPORT @ 150 EMA { 5593.26 } AND 200 EMA { 5580.85 } WHERE AS 100 EMA @ 5579.61 & 50 EMA @ 5556.84 & 20 EMA @ 5574.9 CLICK BELOW CHART FOR ALL EMA'S :-

RSI @ 55.61 & STOC @ 34.47 :-

 PIVOT IS 5614.42 FOR MONDAY TRADING RESISTANCE ARE 5661 - 5689 - 5736 WHERE AS SUPPORTS @ 5586 - 5539 - 5511 , HAVE A LOOK INTO CHART TO KNOW : -

  WEEKLY PIVOT 5604.02 RESISTANCE ARE @ 5675 - 5716 - 5788 WHERE AS SUPPORTS @ 5562 - 5491 - 5449 , HAVE A LOOK INTO CHART :- 

 WARNING NOTE :- PANIC BUTTON @ 5590 AS ON 22.7.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS , MOVING BELOW THIS LEVEL ON CLOSING BASIS WILL START BEARISHNESS AND CORRECTION AGAIN { REVERSE LONG & SHORT LEVEL } IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL LONGS :-

 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON TUESDAY 26TH JULY  2011  & NEXT ON THURSDAY 28^TH 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 :-

 18599 IS SL FOR LONGS GENERATED ON 22.7.2011  , MOVING BELOW WILL START BEARISHNESS  { REVERSE SHORT LEVEL }FOR THIS WEEK FOR SENSEX AS ON 22.7.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-