NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 28.8.11 POST NIFTY CROSSED WEEKLY PIVOT { 4811.2 } ON MONDAY ITSELF FROM OPENING BELL ITSELF AND SUCCESSFULLY CROSSED 1ST RESISTANCE { 4902 } ON CLOSING BASIS BY CLOSING @ 4919.6. AND IT CONTINUED BULLISHNESS ON TUESDAY ALSO BY CROSSING THE PANIC BUTTON { 4942 } AND CLOSED ABOVE. ON FRIDAY IT CROSSED 2ND WEEKLY RESISTANCE { 5057 } IN INTRADAY , BUT FAILED TO CLOSED ABOVE . AS WE UPDATED A SPECIAL POST AS :-  IMPORTANT UPDATE FOR WEEKLY POST FOR WEEKLY UPDATE ON TUESDAY { 30.8.11 ) NIGHT ITSELF AS 5057 WILL ACT AS STIFF RESISTANCE AND SAME HAPPENED . AS OF NOW NIFTY  20 EMA @ 5052.17 & 50 EMA @ 5250.72 & 100 EMA @ 5390.85  & 150 EMA @ 5455.98 & 200 EMA @ 5477.78 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :-  

 RSI   @ 45.14 & STOC @ 55.66 :-

 PIVOT IS 5049.02 FOR MONDAY TRADING RESISTANCE ARE 5104 - 5169 - 5225 WHERE AS SUPPORTS @ 4984 - 4928 - 4863 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 4986.58 RESISTANCE ARE @ 5167 - 5294 - 5474 WHERE AS SUPPORTS @ 4859 - 4678 - 4551 , HAVE A LOOK INTO CHART :-

  WARNING NOTE :- PANIC BUTTON @ 4960 AS ON 2.9.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS GENERATED ON 30.8.11  , 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 TUESDAY 6TH SEPTEMBER 2011  AND NEXT ON THURSDAY 8^TH 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 :-

 16572 IS SL FOR LONGS GENERATED ON  30.8.2011  , MOVING BELOW WILL START BEARISHNESS  { REVERSE SHORT LEVEL } FOR THIS WEEK FOR SENSEX AS ON 2.9.2011 , DONT WORRY ABOUT POSITIONAL LONGS UPTO THAT LEVEL :-