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

My photo
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, October 2, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 25.9.11 POST NIFTY WENT UP TO 20 EMA AND FAILED TO CLOSE ABOVE 1ST WEEKLY RESISTANCE { 5080 } AND SHORTS ARE STILL ALIVE . 20 EMA { 4998.68 } 50 EMA @ 5115.08 & 100 EMA @ 5265.09  & 150 EMA @ 5351.83 & 200 EMA @ 5393.33 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :-

RSI   @ 45.35 & STOC @ 51.09  :-
 
PIVOT IS 4964.37 FOR MONDAY TRADING RESISTANCE ARE 5004 - 5065 - 5105 WHERE AS SUPPORTS @ 4903 - 4863 - 4801 , HAVE A LOOK INTO CHART TO KNOW : -

WEEKLY PIVOT 4912.12 RESISTANCE ARE @ 5065 - 5187 - 5340 WHERE AS SUPPORTS @ 4789 - 4636 - 4514 , HAVE A LOOK INTO CHART :-

 
 WARNING NOTE :- PANIC BUTTON @ 4972 AS ON 30.9.11 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 MONDAY 3RD OCTOBER 2011 AND NEXT ON WEDNESDAY 5TH OCTOBER 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 :-
  16531 IS SL FOR SHORTS GENERATED ON  22.9.2011  , MOVING ABOVE WILL START BEARISHNESS  { REVERSE LONG LEVEL } FOR THIS WEEK FOR SENSEX AS ON 30.9.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-


No comments:

Post a Comment