NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 8.5.11 POST NIFTY STILL BELOW 200 EMA AND BEARISHNESS CONTINUED THROUGH OUT THE WEEK BELOW 200 EMA AND MOVED BETWEEN 1ST WEEKLY SUPPORT { 5404 } & 200 EMA { 5621 } . OUR PGS & PSG CLIENTS MINTED IN BOTH PUTS & CALLS ACCORDING TO THE MARKET MOVEMENT IN BETWEEN THE LEVELS WHERE AS PANIC BUTTON NOT TRIGGERED YET FOR POSITIONAL SHORTS. AS OF NOW NIFTY STILL BELOW ALL EMA : - 200 EMA { 5621.88 } & 150 EMA { 5662.37 } &  100 EMA { 5672. 16 } & 50 EMA { 5655.27 } & 20 EMA { 5632.52} . CLICK BELOW FOR ALL EMA 'S :- 

RSI NOW @ 42.71 STOC NOW @ 18.92 CLICK CHART TO KNOW :-

  PIVOT IS 5540.63 FOR MONDAY TRADING RESISTANCE ARE 5609 - 5673 - 5741 WHERE AS SUPPORTS @ 5476 - 5407 - 5343 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 5540.63  RESISTANCE ARE @ 5609 - 5673 - 5741 WHERE AS SUPPORTS @ 5476 - 5407 - 5343 , HAVE A LOOK INTO CHART :- 

WARNING NOTE :- DECIDING POINT FOR LONGS AS WELL AS SHORTS  @ 5585 AS ON 13.5.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 28.4.2011 AS PER MY 24.4.11 POST   , MOVING ABOVE THIS LEVEL ON CLOSING BASIS WILL START BULLISHNESS AND SHORT COVERING RALLY  AGAIN IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL SHORTS { REVERSE LONG & SHORT LEVEL } , MOVING ABOVE BULLISHNESS ON ANY DAY AND AFTER GOING UP IF IT IS MOVING DOWN ON ANY DAY SHOWS BEARISHNESS :-

 AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON THURSDAY 19TH MAY  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 :-

 18681 IS SL FOR SHORTS GENERATED ON 28.4.2011  , MOVING ABOVE WILL START SHORT COVERING RALLY  & BULLISHNESS  FOR THIS WEEK FOR SENSEX AS ON 13.5.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-