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 20, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 13.11.11 POST PANIC CONTINUED THROUGH OUT THE WEEK BY BREAKING ALL WEEKLY SUPPORTS AND A PROFIT OF 400 POINTS NEARLY TO THE WEEKLY LOW OF 4837.95 FROM 5223 FOR POSITIONAL SHORTS. AS OF NOW NIFTY 200 EMA @ 5315.75 & 150 EMA @ 5267.91 & 100 EMA @ 5192.2 & 50 EMA @ 5115 AND 20 EMA @ 5110.79 CLICK BELOW CHART FOR ALL EMA'S :-


RSI   @ 36.34 { NEAR TO OVER SOLD REGION  & STOC @ 8.42 { ALREADY REACHED OVER SOLD REGION }  :-



  PIVOT IS 4886.55 FOR MONDAY TRADING RESISTANCE ARE 4935 - 4964 - 5013 WHERE AS SUPPORTS @ 4857 - 4808 - 4779 , HAVE A LOOK INTO CHART TO KNOW : -



WEEKLY PIVOT 4990.88 RESISTANCE ARE @ 5143 - 5381 - 5534 WHERE AS SUPPORTS @ 4752 - 4599 - 4361 , HAVE A LOOK INTO CHART :-

 

WARNING NOTE :- PANIC BUTTON @ 5090 AS ON 18.11.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 11.11.11  , 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 23RD 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 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 :-




16969 IS SL FOR SHORTS GENERATED ON  11.11.2011  , MOVING ABOVE WILL START BULLISHNESS  { REVERSE LONG LEVEL } FOR THIS WEEK FOR SENSEX AS ON 18.11.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-

  

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