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, January 29, 2012

NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 22.1.12 POST NIFTY SAFELY CROSSED 150 EMA { 5070.57 }  200 EMA { 5137.71 } TOO AND CLOSED ABOVE AS WE GUESSED



RSI REACHED OVERBOUGHT ZONE { 73.02 } & STOC @ 97.16 { OVER BOUGHT }



PIVOT IS 5194.7 FOR MONDAY TRADING RESISTANCE ARE 5227 - 5249 - 5281
WHERE AS SUPPORTS @ 5172 - 5140 - 5117, HAVE A LOOK INTO CHART TO KNOW : -



WEEKLY PIVOT 5147 RESISTANCE ARE @ 5274 - 5343 - 5469 WHERE AS SUPPORTS @ 5078 - 4952 - 4882 , HAVE A LOOK INTO CHART :-



WARNING NOTE :- PANIC BUTTON @ 5038 AS ON 27.1.12 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 6.1.12  , 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 TUESDAY 1ST FEBRUARY 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 :-



16716 IS SL FOR LONGS GENERATED ON  6.1.12, MOVING BELOW WILL START BEARISHNESS  { REVERSE SHORT LEVEL } FOR THIS WEEK FOR SENSEX AS ON 20.1.12 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-






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