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, August 21, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 15.8.11 POST NIFTY CONTINUED ITS DOWN TREND TOWARDS WEEKLY SUPPORTS AS WEEKLY PIVOT { 5074.53 } NOT CROSSED ON ANY SPECIFIC DAY EVEN THOUGH CROSSED IN INTRA DAY ON BOTH TUESDAY { HIGH 5132.2 } CLOSED @ 5035.8  & WEDNESDAY { HIGH 5112.15 } CLOSED @ 5056.6 & THURSDAY { HIGH 5078.6 } CLOSED @ 4944.15 BY BREAKING  1ST WEEKLY SUPPORT { 4944 } IN INTRADAY  BY MAKING A LOW OF 4932.15 & DUE TO THAT BROKEN 2ND WEEKLY SUPPORT { 4816 } ALSO ON FRIDAY IN INTRA DAY AS MENTIONED IN TWITTER AS BE READY FOR 4816 ON THURSDAY ITSELF
As told in weekly post broken 1st weekly support today enjoy upto 4816 , more to come !!!!

AND ALERTED U ALL ABOUT 200 WEEKLY EMA BREAKING IN MARKET HOURS ON FRIDAY THROUGH TWITTER :- 
200 weekly ema @ 4832 and today low in spot nifty is 4839.05 as of now !!!!19 Aug via TweetDeck
DETAILED ANALYSIS POSTED AFTER MARKETS ON FRIDAY IN THIS POST :- NIFTY 2 DECADES CHART WITH INDICATORS & EMA  

AS OF NOW NIFTY  20 EMA @ 5214.77 & 50 EMA @ 5377.76 & 100 EMA @ 5473.9  & 150 EMA @ 5517.25 & 200 EMA @ 5524.96 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :- 
RSI REACHED OVER SOLD ZONE @ 23.21 & STOC @ 8.52 :-
 PIVOT IS 4845.12 FOR MONDAY TRADING RESISTANCE ARE 4894 - 4942 - 4991 WHERE AS SUPPORTS @ 4796 - 4747 - 4699 , HAVE A LOOK INTO CHART TO KNOW : -
 WEEKLY PIVOT 4924.65 RESISTANCE ARE @ 5053 - 5260 - 5389 WHERE AS SUPPORTS @ 4717 - 4588 - 4381 , HAVE A LOOK INTO CHART :-
 WARNING NOTE :- PANIC BUTTON @ 5092 AS ON 19.8.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 26.7.11  , MOVING ABOVE THIS LEVEL ON CLOSING BASIS WILL START BULLISHNESS AND SHORT COVERING RALLY AGAIN { REVERSE LONG LEVEL } IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL SHORTS :-

 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON THURSDAY 25TH AUGUST 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 LONG 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 :-
 16926 IS SL FOR SHORTS GENERATED ON 26.7.2011  , MOVING ABOVE WILL START BULLISHNESS  { REVERSE LONG LEVEL }FOR THIS WEEK FOR SENSEX AS ON 19.8.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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