SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN APRIL 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, April 30, 2011

PERFORMANCE OF NIFTY FUTURES IN APRIL MONTH

Hi friends,

Nifty futures moved from 5837 to 6000 to 5750 & from 5750 to 5947 & from 5947 to 5703 & from 5703 to 5931 & from 5931 to 5720 in April month a Swing of 1293 points

we almost managed to catch all swings of the month in this April and we got a profit of 945 points nearly to the swing By trading 1 lot a profit of 47250 in April 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 APRIL MONTH:-

DATE	PROFIT	LOSS
April
01-04-11	Sideways
04-04-11	81
05-04-11		60
06-04-11	100
07-04-11	42
08-04-11	57
11-04-11	NPNL
13-04-11	86
15-04-11	60
18-04-11	130
19-04-11	Sideways
20-04-11	118
21-04-11		58
25-04-11	54
26-04-11	114
27-04-11	49
28-04-11	39
29-04-11	133

	1063	118


Total	1063	118

NET	945