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, October 9, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 2.10.11 POST NIFTY TOOK SUPPORT @ 1ST WEEKLY SUPPORT { 4789 } AND BOUNCED FAILED TO CROSS WEEKLY PIVOT { 4912.12 } ON CLOSING BASIS SHOWING WEAKNESS AND SHORTS ARE STILL ALIVE. 20 EMA { 4938.65 } 50 EMA @ 5070.82 & 100 EMA @ 5230.52  & 150 EMA @ 5323.97 & 200 EMA @ 5370.67 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :-
 RSI   @ 45.42 & STOC @ 17.16  :-

 PIVOT IS 4890.62 FOR MONDAY TRADING RESISTANCE ARE 4920 - 4952 - 4981 WHERE AS SUPPORTS @ 4858 - 4829 - 4797 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 4846.32 RESISTANCE ARE @ 4964 - 5040 - 5158 WHERE AS SUPPORTS @ 4770 - 4652 - 4575 , HAVE A LOOK INTO CHART :-

  WARNING NOTE :- PANIC BUTTON @ 4897 AS ON 7.10.11 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 THURSDAY 13TH 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 :-
 16309 IS SL FOR SHORTS GENERATED ON  22.9.2011  , MOVING ABOVE WILL START BULLISHNESS  { REVERSE LONG LEVEL } FOR THIS WEEK FOR SENSEX AS ON 7.10.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-

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