SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 6TH 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

Thursday, May 5, 2011

NIFTY FUTURES TRADING IDEAS OF 6TH MAY 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND SHORT GIVEN A PROFIT OF 45 POINTS AND LATER LONG NOT INITIATED AS IT DIDNT WENT UP ABOVE 1ST SUPPORT FOR LONG AND WE CARRIED SOME LOTS FOR MORE TARGETS AND POWER SHORT GIVEN A PROFIT OF 26 POINTS BY REACHING 1ST TARGET AND AGAIN WENT TO POWER SHORT LEVEL AND GIVEN A PROFIT OF 50 POINTS BY REACHING ALMOST 2ND TGT AS PER LEVELS IT IS A PROFIT OF 121 POINTS. BUT OUR PGS & PSG CLIENTS MINTED MORE THAN THIS A PROFIT OF 150 POINTS STRAIGHT FROM SHORT FROM 1ST RESISTANCE. WE ALSO DID GOOD PROFITS IN 5600 5500 5400 PUTS IN MULTIPLE ROUNDS