NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS , AS TOLD HERE :- 27.11.11 POST NIFTY MOVED SIDEWAYS ON THREE TRADING DAYS i.e., MONDAY TUESDAY & WEDNESDAY AND ATLAST BROKEN PANIC BUTTON ( 4874 ) ON THURSDAY { 1.12.11 } UPSIDE TO GENERATE POSITIONAL LONGS AND MOVED WELL ABOVE 20 EMA { 4943.49 } & AS WELL AS 50 EMA { 5021.92 } TOO. AS OF NOW RESISTANCE ARE @ 5126.22 { 100 EMA } & 5212.84 { 150 EMA } & 5269.1 { 200 EMA } 


 CLICK BELOW CHART FOR ALL EMA'S :

RSI   @ 54.06   & STOC @ 49.54 { ALREADY MENTIONED AS OVER SOLD REGION IN PREVIOUS TWO WEEKLY POSTS  :-

PIVOT IS 5010.37 FOR MONDAY TRADING RESISTANCE ARE 5102 - 5154 - 5246 WHERE AS SUPPORTS @ 4958 - 4866 - 4814 , HAVE A LOOK INTO CHART TO KNOW : -

WEEKLY PIVOT 4955.83 RESISTANCE ARE @ 5156 - 5263 - 5464 WHERE AS SUPPORTS @ 4849 - 4648 - 4541 , HAVE A LOOK INTO CHART :-

WARNING NOTE :- PANIC BUTTON @ 4888 AS ON 2.12.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 30.11.11  , 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 WEDNESDAY 7TH DECEMBER 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 :-

16307 IS SL FOR LONGS GENERATED ON  31.11.2011  , MOVING BELOW WILL START BEARISHNESS  { REVERSE SHORT LEVEL } FOR THIS WEEK FOR SENSEX AS ON 2.12.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-