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 25, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 18.9.11 POST NIFTY UNABLE TO CROSS THE 1ST WEEKLY RESISTANCE { 5181 } MONDAY HIGH 5068.4 , TUESDAY HIGH 5149.9 WEDNESDAY HIGH 5168.4 AND FALL STARTED FROM THURSDAY { SHORTS GENERATED AS PER OUR PANIC BUTTON CLOSING } AND CONTINUED ON FRIDAY TOO.

RESISTANCE POINTS IF ANY UP MOVE IN THIS EXPIRY WEEK ARE 20 EMA { 5032.18 } 50 EMA @ 5152.91 & 100 EMA @ 5298.94  & 150 EMA @ 5380.02 & 200 EMA @ 5416.43 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :-  
RSI   @ 39.48 & STOC @ 34.46  :-

PIVOT IS 4875.87 FOR MONDAY TRADING RESISTANCE ARE 4922 - 4976 - 5022 WHERE AS SUPPORTS @ 4821 - 4775 - 4720 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 4955.25 RESISTANCE ARE @ 5080 - 5294 - 5419 WHERE AS SUPPORTS @ 4742 - 4616 - 4403 , HAVE A LOOK INTO CHART :-


 WARNING NOTE :- PANIC BUTTON @ 5012 AS ON 23.9.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 22.9.11  , 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 WEDNESDAY 28TH 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 :-
 16701 IS SL FOR SHORTS GENERATED ON  22.9.2011  , MOVING ABOVE WILL START BEARISHNESS  { REVERSE LONG LEVEL } FOR THIS WEEK FOR SENSEX AS ON 23.9.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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