SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 16TH 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

Saturday, May 14, 2011

NIFTY FUTURES TRADING IDEAS OF 16TH MAY 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND POWER LONG GIVEN A PROFIT OF 55 POINTS IN 1ST ROUND AND 40 POINTS IN 2ND ROUND IN LATE HOURS , AS PER ,LEVELS IT IS A PROFIT OF 95 POINTS AS SHORT NOT INITIATED @ 1ST RESISTANCE AS IT DIDNT WENT BELOW AFTER GOING UP ABOVE 1ST RESISTANCE. OUR PGS & PSG CLIENTS MINTED IN LONGS FROM 5509 LEVEL AND THEY GAINED MORE THAN 100 POINTS IN LONG AND 60 POINTS IN SHORT ALSO FROM TOP AND LONG GIVEN AGAIN A PROFIT OF 40 POINTS, FOR THEM IT IS A XLNT PROFIT OF 200 POINTS. WE DID XLNT PROFITS IN 5400 5500 5600 CALLS