SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 17TH 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

Thursday, June 16, 2011

NIFTY FUTURES TRADING IDEAS OF 17TH JUNE 2011

NIFTY FUTURE OPENED BELOW 2ND SUPPORT AND SHORT HITTED SL FOR A LOSS OF 20 POINTS AND LONG GIVEN A PROFIT OF 24 POINTS NEAR TO 1ST TARGET AND LATER SHORT HITTED SL OF 20 POINTS AGAIN AND LONG GIVEN A PROFIT OF 24 POINTS BY REACHING 1ST TARGET AND IN LATE SESSION POWER SHORT GIVEN A PROFIT OF 20 POINTS BY REACHING NEARER TO 1ST TARGET, AS PER LEVELS IT IS A PROFIT OF

-20+24-20+24+20=28 POINTS AS PER LEVELS. BUT OUR PGS & PSG CLIENTS HAVE BEEN GUIDED WELL NOT TO SHORT TWICE AS TODAY IS A REVERSAL DAY AND WE GUIDED ACCORDING TO OUR WEEKLY POST NOT TO BE IN SHORT SIDE AS IT WILL TOUCH DAY HIGH AS THEY GAINED MORE THAN 70 POINTS TODAY BECAUSE OF CHANGING THE QTY IN SEVERAL ROUNDS AND WE DID MULTIPLE ROUNDS IN 5300 5400 5500 5600 CALLS