SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN NOVEMBER 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, December 2, 2010

PERFORMANCE OF NIFTY FUTURES IN NOVEMBER MONTH

Hi friends,

Nifty futures moved from 6090 to 6349 & from 6349 to 5727 & from 5727 to 5915 in November month a Swing of 1069 points only

We managed to catch all moves of the month in this November and we got a profit of 1255 points

more than the swing By trading 1 lot a profit of 62750 in November 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 NOVEMBER MONTH :-

DATE	PROFIT	LOSS
November
01-11-10	39
02-11-10	70
03-11-10	45
04-11-10	40
05-11-10	sideways
08-11-10	47
09-11-10	33
10-11-10	NPNL
11-11-10	95
12-11-10	115
15-11-10	sideways
16-11-10	75
18-11-10	270
19-11-10	55
22-11-10	26
23-11-10	58
24-11-10	103
25-11-10	15
26-11-10	55
29-11-10	NPNL
30-11-10	114




Total	1255