SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN JULY 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, July 30, 2010

PERFORMANCE OF NIFTY FUTURES IN JULY MONTH

Hi friends,

Nifty futures moved from 5238 to 5382 & from 5382 to 5358 & from 5358 to 5477 & 5477 to 5369 in July month a Swing of 395 points only

We managed to catch almost all swings in this month and we got a profit of 658 points

nearly double than the swing By trading 1 lot a profit of 32900 in July month

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

DATE	PROFIT	LOSS
July
01-07-10	26
02-07-10	72
05-07-10	44
06-07-10	45
07-07-10	NPNL
08-07-10	Sideways
09-07-10	30
12-07-10	NPNL
13-07-10	48
14-07-10	34
15-07-10	34
16-07-10	NPNL
19-07-10	58
20-07-10	20
21-07-10		17
22-07-10	46
23-07-10	71
26-07-10	34
27-07-10	34
28-07-10	22
29-07-10	57
30-07-10	NPNL
Total	675	17

Net Total 658

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