NIFTY WEEKLY VIEW & SENSEX CHARTS

HI FRIENDS, AS TOLD HERE :- 16.10.11 POST NIFTY ONCE AGAIN FACED TOUGH RESISTANCE @ 5200 BY NOT CROSSING ON ANY DAY IN THIS WEEK.

NIFTY TRADING IN BETWEEN 20 EMA { 5025.68 } AND  50 EMA { 5071.49 } WHERE AS 100 EMA @ 5201.69  & 150 EMA @ 5292.4 & 200 EMA @ 5342.13 WHICH WILL ACT AS RESISTANCE IF ANY UP MOVE FROM HERE, CLICK BELOW CHART FOR ALL EMA'S :-

RSI   @ 51.29 & STOC @ 84.60 { REACHED OVER BOUGHT ZONE }  :-

 

PIVOT IS 5069.55 FOR MONDAY TRADING RESISTANCE ARE 5101 - 5152 - 5183 WHERE AS SUPPORTS @ 5018 - 4986 - 4935 , HAVE A LOOK INTO CHART TO KNOW : -

 WEEKLY PIVOT 5073.73 RESISTANCE ARE @ 5136 - 5222 - 5285 WHERE AS SUPPORTS @ 4987 - 4924 - 4838 , HAVE A LOOK INTO CHART :-

 

WARNING NOTE :- PANIC BUTTON @ 5084 { THIS IS DECIDING POINT FOR LONGS AS WELL AS SHORTS FOR THIS WEEK AS THIS WEEK IS A DIWALI DHAMAAKA GOING TO HAPPEN AND WE UPDATED THAT TO OUR PGS & PSG CLIENTS ALREADY } AS ON 21.10.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS & SHORTS   , MOVING EITHER SIDE THIS LEVEL ON CLOSING BASIS WILL BE ONE SIDE MOVE IN THIS WEEK  :-

AS PER TIME ANALYSIS ,  REVERSAL WE CAN EXPECT ON MONDAY 24TH OCTOBER 2011 & NEXT ON FRIDAY 28^TH OCTOBER 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 :-

 WARNING NOTE :- PANIC BUTTON @ 16890 { THIS IS DECIDING POINT FOR LONGS AS WELL AS SHORTS FOR THIS WEEK AS THIS WEEK IS A DIWALI DHAMAAKA GOING TO HAPPEN AND WE UPDATED THAT TO OUR PGS & PSG CLIENTS ALREADY } AS ON 21.10.11 FOR THIS WEEK WHICH IS STOP LOSS FOR POSITIONAL LONGS & SHORTS   , MOVING EITHER SIDE THIS LEVEL ON CLOSING BASIS WILL BE ONE SIDE MOVE IN THIS WEEK  :-