SRK TRADING CALLS: NIFTY WEEKLY VIEW & SENSEX CHARTS

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 25, 2011

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS , AS TOLD HERE :- 18.12.11 POST NIFTY TOOK SUPPORT @ 1ST WEEKLY SUPPORT { 4549 } WEEKLY LOW { 4531.15 } AND STARTED BOUNCING BACK FOR BULLISH EXPIRY , WE ALREADY UPDATED THIS TO ALL OUR PSG CLIENTS ABOUT BULLISH EXPIRY

AS OF NOW RESISTANCE SEEN @ 20 EMA @ 4789.38 & 50 EMA @ 4910.74 & 100 EMA @ 5039.64 & 150 EMA @ 5138.26 & 200 EMA @ 5204.73

CLICK BELOW CHART FOR ALL EMA'S :

RSI @ 43.05 & STOC @ 32.13 { ALREADY WARNED IN LAST WEEK ABOUT BOTH REACHING OVER SOLD REGION } :-

PIVOT IS 4723.55 FOR MONDAY TRADING RESISTANCE ARE 4753 - 4793 - 4824

WHERE AS SUPPORTS @ 4683 - 4653 - 4613 , HAVE A LOOK INTO CHART TO KNOW : -

WEEKLY PIVOT 4669 RESISTANCE ARE @ 4807 - 4901 - 5040 WHERE AS SUPPORTS @ 4575 - 4437 - 4343 , HAVE A LOOK INTO CHART :-

WARNING NOTE :- DEICIDING POINT FOR EXPIRY NIFTY 4740 FOR BOTH LONGS & SHORTS AS ON 23.12.11.

AS PER TIME ANALYSIS , REVERSAL WE CAN EXPECT ON TUESDAY 27TH DECEMBER 2011 & NEXT ON THURSDAY 29^TH 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 :-