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, October 30, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 23.10.11 POST DIWALI DHAMAKA HAPPENED BY CROSSING PANIC BUTTON { 5084 } AND CROSSED ALL EMA BY CLOSING @ 5360 JUST ABOVE 200 EMA { 5361.56 } AFTER MAKING A HIGH OF 5399.7 , BUT ALL THIS HAPPENED BY JUST GAP UP OPENING AND GAP NOT FILLED IN INTRA AS WE ALREADY WRITTEN THAT POSITIONAL ARE DIWALI DHAMAKA AND OUR PGS & PSG CLIENTS ARE IN GOOD PROFITS OF MORE THAN 250 POINTS. AS OF NOW 150 EMA @ 5295.68 & 100 EMA @ 5203.3 & 50 EMA @ 5093.3 & 20 EMA @ 5090.83 WHICH WILL ACT AS SUPPORTS FOR THIS WEEK IF ANY CONSOLIDATION TOOK PLACE BEFORE BIG RALLY. CLICK BELOW CHART FOR ALL EMA'S :-


RSI   @ 65.05 & STOC @ 95.03 { REACHED OVER BOUGHT ZONE }  :-



  PIVOT IS 5361.07 FOR MONDAY TRADING RESISTANCE ARE 5399 - 5437 - 5476 WHERE AS SUPPORTS @ 5322 - 284 - 5245 , HAVE A LOOK INTO CHART TO KNOW : -



  WEEKLY PIVOT 5281.72 RESISTANCE ARE @ 5478 - 5596 - 5793 WHERE AS SUPPORTS @ 5163 - 4966 - 4848 , HAVE A LOOK INTO CHART :-



 WARNING NOTE :- PANIC BUTTON @ 5137 AS ON 28.10.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 21.10.11  , 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 31ST OCTOBER 2011 & NEXT ON THURSDAY 3RD NOVEMBER 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 :-



17423 IS SL FOR LONGS GENERATED ON  21.10.2011  , MOVING BELOW WILL START BEARISHNESS  { REVERSE SHORT LEVEL } FOR THIS WEEK FOR SENSEX AS ON 28.10.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-


 

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