MY GOLDEN QUOTE TO ALL TRADERS

TRADE WITH TREND
DON'T CHALLENGE THE MARKETS
RESPECT THE MARKETS
IT WILL ALWAYS GIVES YOU PROFITS IF YOU DO SO
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RAJESH.SALADI™ Call us @ 09573399376 Contact @ srknifty@yahoo.com in yahoo srknifty@gmail.com in gtalk srknifty in skype

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

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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

Monday, October 18, 2010

PRE-MKT SESSION AT BSE & NSE FROM TODAY


IN A BID TO REDUCE VOLATILITY IN STOCK PRICES, A NEW SYSTEM OF TRADING IS BEING INTRODUCED FROM MONDAY. BSE AND NSE , THE TWO PREMIER STOCK EXCHANGES IN THE COUNTRY, WILL START A 15-MINUTE PRE-OPEN SESSION FOR THE 50 STOCKS THAT COMPRISE THE NIFTY INDEX FROM MONDAY.

THE PRE-OPEN MARKET, CHRISTENED CALL AUCTION SESSION, WILL OPERATE BETWEEN 9 AM AND 9.15 AM ON BOTH — THE CASH AS WELL AS THE DERIVATIVES SEGMENTS — OF THE TWO EXCHANGES. THE PRE-SESSION TRADING IN THESE STOCKS IS MAINLY AIMED AT REDUCING VOLATILITY IN STOCK PRICES BECAUSE OF DEVELOPMENTS THAT TOOK PLACE AFTER THE CLOSE OF TRADING THE PREVIOUS SESSION.


IN THE NEW SYSTEM, TRADING ORDERS WILL ACCUMULATE DURING THE FIRST SEVEN MINUTES, THEN THE MARKET WILL CLOSE ANYTIME DURING THE EIGHTH MINUTE OF TRADE. THIS WILL BE FOLLOWED BY A ONEMINUTE BREAK IN TRADE AND THEN, IN THE NEXT FOUR MINUTES, TRADES WILL BE MATCHED AND CONFIRMATIONS SENT TO BROKERS . BETWEEN 9.12 AM AND 9.15 AM, ORDERS WHICH ARE NOT EXECUTED WILL BE MOVED TO THE REGULAR MARKET.


IN THE PRE-SESSION CALL AUCTION, THE PRICES OF 50 STOCKS CAN RISE OR FALL A MAXIMUM OF 20% FROM ITS LAST CLOSE. THE REGULAR TRADING FOR THESE STOCKS, ALONG WITH THOSE OTHER THAN THESE 50, WILL NOW START AT 9.15 AM AND CLOSE AT 3.30 PM

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