SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN APRIL MONTH

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

Friday, April 30, 2010

PERFORMANCE OF NIFTY FUTURES IN APRIL MONTH

Hi friends,

Nifty futures moved from 5276 to 5398 & from 5398 to 5162 & from 5162 to 5346 & 5346 to 5198 & from 5198 to 5290 in April month a Swing of 748 points

but we gained 525 points only in nifty futures trading in this april month , A poor performance when compared to all swings

Any way, we have gained by jackpot calls in options , but , i am assuring you all , we will try to over come these in coming days that we should gain more than swing points, but no one can catch all swings in all months in this markets, this is one perfect example for APRIL MONTH PERFORMANCE

By trading 1 lot a profit of 26250 in April month

For 1 lot needs a margin of 30000 according to the broker
Now look into following table to know details: -
PERFORMANCE OF APRIL MONTH :-

DATE	PROFIT	LOSS
April
4/1/2010	26
4/5/2010	40
4/6/2010	66
4/7/2010	NPNL
4/8/2010	29
4/9/2010	43
4/12/2010	15
4/13/2010	NPNL
4/15/2010	54
4/16/2010	68
4/19/2010	36
4/20/2010		36
4/21/2010	NPNL
4/22/2010	61
4/23/2010	47
4/26/2010	16
4/27/2010	42
4/28/2010	40
4/29/2010		16
4/30/2010	46


Total	577	52

NET PROFIT

525

Note : Any given day if the profit is less than 15 points I hv not considered tat as kept a rule of 15 points for profit stoploss

Note : NPNL stands for No Profit No Loss Day & Sideways stands for not giving any chance for trading according to levels you can check in detail if you want to lock opened upto sunday night in weekends here :- CLICK HERE