SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN OCTOBER 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

Sunday, October 31, 2010

PERFORMANCE OF NIFTY FUTURES IN OCTOBER MONTH

Hi friends,

Nifty futures moved from 6050 to 6317 & from 6317 to 5966 in October month a Swing of 618 points only

We managed to catch all moves of the month in this October and we got a profit of 772 points

more than the swing By trading 1 lot a profit of 38600 in October 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 OCTOBER MONTH :-

DATE	PROFIT	LOSS
October
01-10-10	61
04-10-10	45
05-10-10	48
06-10-10		30
07-10-10	50
08-10-10	30
11-10-10		20
12-10-10	15
13-10-10	77
14-10-10	60
15-10-10		38
18-10-10	81
19-10-10	170
20-10-10	sideways
21-10-10	37
22-10-10	sideways
25-10-10	npnl
26-10-10		40
27-10-10	60
28-10-10	108
29-10-10	58

Total	900	128

Net Total	772