NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 21.8.11 POST NIFTY CONTINUES ITS DOWN TREND TOWARDS 1ST WEEKLY SUPPORT { 4717 } AND MADE A WEEKLY LOW 4720 AFTER BREAKING 20 WEEKLY EMA { 4832 } AS WELL AS 50 MONTHLY EMA { 4766 }  AS TOLD IN THIS POST :- NIFTY 2 DECADES CHART WITH INDICATORS & EMA  

AS OF NOW NIFTY  20 EMA @ 5073.65 & 50 EMA @ 5284.16 & 100 EMA @ 5415.78  & 150 EMA @ 5475.1 & 200 EMA @ 5492.72 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :- 

RSI REACHED OVER SOLD ZONE @ 25.23 & STOC @ 8.93 :-

  PIVOT IS 4779.93 FOR MONDAY TRADING RESISTANCE ARE 4839 - 4931 - 4991 WHERE AS SUPPORTS @ 4687 - 4627 - 4535 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 4811.2 RESISTANCE ARE @ 4902 - 5057 - 5148 WHERE AS SUPPORTS @ 4656 - 4565 - 4410 , HAVE A LOOK INTO CHART :-

 WARNING NOTE :- PANIC BUTTON @ 4942 AS ON 26.8.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL SHORTS GENERATED ON 26.7.11  , MOVING ABOVE THIS LEVEL ON CLOSING BASIS WILL START BULLISHNESS AND SHORT COVERING RALLY AGAIN { REVERSE LONG LEVEL } IN THIS WEEK ON ANY DAY , UPTO THAT DONT WORRY ABOUT POSITIONAL SHORTS :-

AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON FRIDAY 2ND SEPTEMBER 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 :-

 16548 IS SL FOR SHORTS GENERATED ON  26.7.2011  , MOVING ABOVE WILL START BULLISHNESS  { REVERSE LONG LEVEL }FOR THIS WEEK FOR SENSEX AS ON 26.8.2011 , DONT WORRY ABOUT POSITIONAL SHORTS UPTO THAT LEVEL :-