SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN DECEMBER 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

Saturday, January 1, 2011

PERFORMANCE OF NIFTY FUTURES IN DECEMBER MONTH

Hi friends,

Nifty futures moved from 5875 to 6094 STRAIGHT & from 6094 to 5748 & from 5748 to 6162 in December month a Swing of 979 points

we almost managed to catch all swings of the month in this December and we got a profit of 766 points

nearly to the swing By trading 1 lot a profit of 38300 in December 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 DECEMBER MONTH:-

DATE	PROFIT	LOSS
December
01-12-10	60
02-12-10	15
03-12-10	30
06-12-10	40
07-12-10	49
08-12-10	60
09-12-10	93
10-12-10		50
13-12-10	38
14-12-10	sideways
15-12-10	29
16-12-10	160
20-12-10	106
21-12-10		28
22-12-10		56
23-12-10	24
24-12-10	23
27-12-10	57
28-12-10	43
29-12-10	23
30-12-10	30
31-12-10	20

Total	900	134

	766