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, November 6, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 30.10.11 POST BULL RUN CONTINUES AND RESISTANCE NOT CROSSED AS TOLD 5478 AND CAME BACK TO SUPPORT LEVEL { 5163 } . AS OF NOW 200 EMA @ 5334.25 WHICH WILL ACT AS RESISTANCE  & 150 EMA @ 5287.71 & 100 EMA @ 5209.92 & 50 EMA @ 5126.56 & 20 EMA @ 5164.22 WHICH WILL ACT AS SUPPORTS FOR THIS WEEK IF ANY CONSOLIDATION TOOK PLACE BEFORE BIG RALLY. CLICK BELOW CHART FOR ALL EMA'S :-


RSI   @ 59.74 & STOC @ 66.89  :-

 

PIVOT IS 5289.15 FOR MONDAY TRADING RESISTANCE ARE 5321 - 5358 - 5391 WHERE AS SUPPORTS @ 5251 - 5219 - 5189 , HAVE A LOOK INTO CHART TO KNOW : -



WEEKLY PIVOT 5282.1 RESISTANCE ARE @ 5362 - 5440 - 5520 WHERE AS SUPPORTS @ 5203 - 5123 - 5045 , HAVE A LOOK INTO CHART :-


 
WARNING NOTE :- PANIC BUTTON @ 5225 AS ON 4.11.11 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 FRIDAY 11TH NOVEMBER 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 :-

 

17366 IS SL FOR LONGS GENERATED ON  21.10.2011  , MOVING BELOW WILL START BEARISHNESS  { REVERSE SHORT LEVEL } FOR THIS WEEK FOR SENSEX AS ON 4.11.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-



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