SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 30TH DECEMBER 2010

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

Wednesday, December 29, 2010

NIFTY FUTURES TRADING IDEAS OF 30TH DECEMBER 2010

NIFTY FUTURES OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE, BUT WE HAVE GIVEN LONG @ OPENING & ALSO 6000 CALL TO PGS & PSG

CLIENTS AND GIVEN A PROFIT OF 54 POINTS IN LONG AND BOOKED SOME GOOD PROFITS IN 6000 CALL , BUT AS PER LEVELS IT HITTED A SL OF

8 POINTS IN SHORT AND GIVEN A PROFIT OF 31 POINTS IN POWER LONG BY ACHIEVING 1ST TARGET AND MOVED ABOVE 1ST TARGET , SO, FOR

THE DAY IT IS A PROFIT OF 23 POINTS AS PER LEVELS, AND WE CARRIED SOME LOTS FOR BTST AS NIFTY SPOT CLOSED WELL ABOVE 1ST WEEKLY

RESISTANCE { 6056 } AS TOLD IN 26.12.10 POST AND WE ARE EXPECTING A GAP UP OPENING NEAR TO 2ND WEEKLY RESISTANCE { 6102 } ON TOMORROW ON ACCOUNT OF

EXPIRY DHAMAKA

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