SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 15TH 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

Tuesday, June 14, 2011

NIFTY FUTURES TRADING IDEAS OF 15TH JUNE 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND WE TRADED IN 5400 5500 5600 CALLS FROM OPENING AND DID SOME GOOD PROFITS AS WE SOLD SOME YESTERDAY CALLS FOR SOME CLIENTS WHO CARRY FORWARD THEIR POSITIONAL FOR TODAY. LATER SHORT GIVEN A PROFIT OF 23 POINTS BY REACHING NEAR TO 1ST TARGET , BUT HITTED SP OF 15 POINTS AND WE BOOKED FOR SOME LOTS AND CLOSED @ NPNL LEVEL FOR SHORT. AS TODAY MARKET IN RANGE BOUND WE TREAT THIS DAY AS NPNL DAY AS NO SPECIFIC TARGET ACHIEVED BUT OUR PGS & PSG CLIENTS MADE SOME GOOD PROFITS WITH PERFECT PROFIT BOOKING IN THIS RANGE BOUND MARKET ALSO. AS NIFTY TRADING NEAR TO PANIC BUTTON WE DID CAUTIOUS TRADES WITH PROTECTED CALLS FOR SHORTS. DAILY CHART CLOSED ABOVE PANIC BUTTON ON TODAY SUGGESTING GOOD UPWARDS MOVEMENT FOR COMING DAYS WITH SL OF 5508 ON CLOSING BASIS