SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN SEPTEMBER 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

Thursday, September 30, 2010

PERFORMANCE OF NIFTY FUTURES IN SEPTEMBER MONTH

Hi friends,

Nifty futures moved from 5412 to 6093 STRAIGHT & from 6093 to 5963 in September month a Swing of 810 points only

We managed to catch all up move straight of the month in this september and we got a profit of 680 points

more than the swing By trading 1 lot a profit of 34000 in September month ( for 1 lot only , not for all lots )

For 1 lot needs a margin of 30000 according to the broker {note:- this calculation is for 1 lot only not for all lots as we do number of entries n exits and we may hold 1 lot also some times for lowest n highest targets }
Now look into following tables to know details : -

PERFORMANCE OF SEPTEMBER MONTH :-

DATE	PROFIT	LOSS
September
01-09-10	NPNL
02-09-10	45
03-09-10	33
06-09-10	45
07-09-10	15
08-09-10	55
09-09-10	NPNL
13-09-10	56
14-09-10		87
14-09-10		47
16-09-10	189
17-09-10	30
20-09-10	95
21-09-10	89
22-09-10	70
23-09-10		52
24-09-10	NPNL
27-09-10		23
28-09-10	62
29-09-10	59
30-09-10	46

	889	209


Total	889	209

Net	680