SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 14TH JUNE 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

Monday, June 13, 2011

NIFTY FUTURES TRADING IDEAS OF 14TH JUNE 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND NEVER WENT UP FOR LONG INITIATION UPTO MID SESSION AND WE DID SOME GOOD PROFITS IN 5500 5400 5300 PUTS IN MORNING SESSION AND LATER POWER SHORT HITTED SL FOR A LOSS OF 20 POINTS AND LONG GIVEN A PROFIT OF 38 POINTS AND SHORT NOT GIVEN ANY PROFIT AND CLOSED @ NPNL LEVEL , EVEN THOUGH SCALP TRADES GIVEN 20 POINTS IN 3 ROUNDS AS NIFTY @ CRITICAL LEVEL OF PANIC BUTTON , ANY MOVE CAN HAPPEN ABOVE THE PANIC BUTTON , SO, WE HEDGE OUR SHORTS WITH CALLS AND CARRIED SOME LOTS FOR TOMORROW. AS PER LEVELS IT IS ONLY 18 POINTS PROFIT. BUT OUR PGS & PSG CLIENTS MINTED GOOD PROFITS AS WE CHANGED THE QTY AFTER HITTING SL FOR POWER SHORT AND WE GAINED MORE THAN THIS, BUT DUE TO HEDGING IN PUTS IN 2ND ROUND WE MISSED SOME PROFITS BECAUSE OF PUTS HITTED SL IN 2ND ROUND AS WE DID SAFE TRADING BECAUSE OF PANIC BUTTON