SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 18TH 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 17, 2011

NIFTY FUTURES TRADING IDEAS OF 18TH MAY 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND SHORT GIVEN A PROFIT OF 32 POINTS PROFIT & LONG GIVEN 20 POINTS PROFIT BUT AS NO SPECIFIC TARGET ACHIEVED & HITTED SP OF 15 POINTS. LATER POWER SHORT GIVEN A PROFIT OF 25 POINTS BY REACHING 1ST TARGET. AS PER LEVELS IT IS A PROFIT OF 72 POINTS. BUT OUR PGS & PSG CLIENTS MINTED MORE THAN THIS AS WE DID MULTIPLE ROUNDS SHORT FROM POWER SHORT LEVEL. AND WE DID SMALL PROFITS IN 5400 5500 5600 CALLS IN MORNING SESSION AS TRADED ABOVE 1ST TARGET AND REACHED 2ND TGTS LATER HITTED SP & XLNT PROFITS IN 5400 5500 5600 PUTS