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, December 4, 2011

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 :-



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