SRK TRADING CALLS: NIFTY VIEW UPDATE FOR 20.11.09 & 4 INTRAPICK

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

Thursday, November 19, 2009

NIFTY VIEW UPDATE FOR 20.11.09 & 4 INTRAPICK

Hi friends,

As expected nifty given excellent opportunity for shorting below 2nd support @ 5031.29 which is power short made a low of 4962.1 a profit of 69.19 points which is equal to the handle break down also , we expected upside, but it given down side break , thats why i ve given short sell also @ 5031.29 by expecting this and it worked well .You can see clearly after breaking
5031.29 once not hitted the sl 5044.14
which told in yesterday post hope u made some good money in shorting too in today trading