SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 4TH 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

&

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 3, 2011

NIFTY FUTURES TRADING IDEAS OF 4TH MAY 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 2ND SUPPORT AND LONG GIVEN A PROFIT OF 20 POINTS IN 3 ROUNDS AND HITTED SP OF 15 POINTS AS WE GUIDED ALL PGS & PSG CLIENTS TO BE IN SHORT SIDE ONLY AND PROTECTED WITH 5800 5700 5600 PUTS AND GOT GOOD PROFITS IN 3 ROUNDS IN THE PUTS DUE TO REVERSAL { OPENED LOW AND MADE HIGH AND NEED TO MADE LOW AGAIN AS PER OUR WEEKLY POST } . OF COURSE WE HAVE BEEN GIVEN TO ALL FOLLOWERS FOR FREE AS MINI NIFTY SHORT WITH MY OPEN HIGH SAME THEORY. BUT FOR POSITIONAL WE ARE ON BEAR SIDE AND EXPLAINED IN WEEKLY POST ALSO, THOSE WHO TAKEN POSITIONAL SHORT GAINED MORE THAN 250 POINTS. AND FOR TODAY POWER SHORT GIVEN A PROFIT OF 56 POINTS BY REACHING 2ND TARGET , AS PER LEVELS IT IS A PROFIT OF 101 POINTS. BUT OUR PGS & PSG CLIENTS MINTED MORE THAN THIS AS WE CONTINUED OUR SHORTS FOR LOWER TARGET TO THE 2ND WEEKLY SUPPORT ( 5586 } AND GAINED 150 POINTS