SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 1ST JULY 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 30, 2011

NIFTY FUTURES TRADING IDEAS OF 1ST JULY 2011

NIFTY FUTURE OPENED BETWEEN 1ST RESISTANCE & 2^ND RESISTANCE AND POWER LONG GIVEN A PROFIT OF 23 POINTS BY REACHING NEARLY 1^ST TARGET BUT NOT ACHIEVED ANY SPECIFIC TARGET AS WE DID WARNING TO ALL NOT TO SHORT AND HOLD ON LONGS WITH REVISED SL 5591 AS NIFTY TRADING ABOVE ALL EMA ON CLOSING BASIS ON YESTERDAY AND WE UPDATED THAT ON TWITTER ALSO ALONG WITH CHART :- NIFTY CLOSED ABOVE ALL EMA ON CLOSING BASIS TODAY AS TOLD IN WEEKLY POST OF DATED 26.6.11 :- http://yfrog.com/h8eoecp 8:31 PM Jun 29th via TweetDeck

WE EXPECTED BULLISH EXPIRY AND GUIDED TO ALL PGS & PSG CLIENTS ACCORDINGLY. BUT AS PER LEVELS IT IS A LOSS DAY AS BOTH SL HITTED FOR POWER LONG & SHORT @ 1^ST RESISTANCE, OVER ALL 30 POINTS SL HITTED. WE ALSO DID XLNT PROFITS IN 5600 CALL EXPIRY SPECIAL AND PROFITS IN 5500 5600 5700 CALLS JULY SERIES

EXPIRY SPECIAL 5600 CALL :-