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

CATCH ME

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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 28, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 21.8.11 POST NIFTY CONTINUES ITS DOWN TREND TOWARDS 1ST WEEKLY SUPPORT { 4717 } AND MADE A WEEKLY LOW 4720 AFTER BREAKING 20 WEEKLY EMA { 4832 } AS WELL AS 50 MONTHLY EMA { 4766 }  AS TOLD IN THIS POST :- NIFTY 2 DECADES CHART WITH INDICATORS & EMA  

AS OF NOW NIFTY  20 EMA @ 5073.65 & 50 EMA @ 5284.16 & 100 EMA @ 5415.78  & 150 EMA @ 5475.1 & 200 EMA @ 5492.72 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :- 
RSI REACHED OVER SOLD ZONE @ 25.23 & STOC @ 8.93 :-
  PIVOT IS 4779.93 FOR MONDAY TRADING RESISTANCE ARE 4839 - 4931 - 4991 WHERE AS SUPPORTS @ 4687 - 4627 - 4535 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 4811.2 RESISTANCE ARE @ 4902 - 5057 - 5148 WHERE AS SUPPORTS @ 4656 - 4565 - 4410 , HAVE A LOOK INTO CHART :-

 WARNING NOTE :- PANIC BUTTON @ 4942 AS ON 26.8.11 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 FRIDAY 2ND SEPTEMBER 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 :-
 16548 IS SL FOR SHORTS GENERATED ON  26.7.2011  , MOVING ABOVE WILL START BULLISHNESS  { REVERSE LONG LEVEL }FOR THIS WEEK FOR SENSEX AS ON 26.8.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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