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, September 18, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 11.9.11 POST NIFTY WENT NEAR TO 3RD SUPPORT { 4899 } ON THREE CONSECUTIVE DAYS { MONDAY LOW 4911.25 , TUESDAY LOW 4911.95 , WEDNESDAY LOW 4917.4 } AND WENT ABOVE OUR PANIC BUTTON ON 15.9.11 THURSDAY AND LONGS GENERATED AND CLOSED ABOVE 20 EMA { 5047.89 } 50 EMA @ 5183.46 & 100 EMA @ 5328.57  & 150 EMA @ 5404.99 & 200 EMA @ 5436.84 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :-  
RSI   @ 49.76 & STOC @ 75.13 { NEAR TO OVER BOUGHT REGION } :-
 PIVOT IS 5098 FOR MONDAY TRADING RESISTANCE ARE 5129 - 5174 - 5204 WHERE AS SUPPORTS @ 5053 - 5023 - 4978 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 5046.3 RESISTANCE ARE @ 5181 - 5278 - 5414 WHERE AS SUPPORTS @ 4949 - 4813 - 4716 , HAVE A LOOK INTO CHART :-

 WARNING NOTE :- PANIC BUTTON @ 5026 AS ON 16.9.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 15.9.11  , 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 MONDAY 19TH SEPTEMBER 2011 , NEXT ON FRIDAY 23RD 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 :-
 16572 IS SL FOR LONGS GENERATED ON  15.9.2011  , MOVING BELOW WILL START BEARISHNESS  { REVERSE SHORT LEVEL } FOR THIS WEEK FOR SENSEX AS ON 16.9.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-



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