SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 11TH MAY 2011

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

Tuesday, May 10, 2011

NIFTY FUTURES TRADING IDEAS OF 11TH MAY 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND SHORT NOT INITIATED @ 1ST RESISTANCE AS IT DIDNT WENT DOWN AFTER GOING UP IN 1ST ROUND AND POWER LONG ALSO NOT INITIATED AS IT DID NOT WENT ABOVE POWER LONG LEVEL AND SHORT INITIATED LATER FOR A PROFIT OF 46 POINTS AND LONG GIVEN A PROFIT OF 15 POINTS , FOR THE DAY IT IS A PROFIT OF 61 POINTS AS PER LEVELS, BUT OUR PGS & PSG CLIENTS MINTED MORE THAN THIS AS WE WENT LONG FROM OPENING ITSELF AND TODAY OPTIONS ACHIEVED 1ST TARGETS AND LATER HITTED SP FOR BOTH CALLS & PUTS