SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 20TH 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

Saturday, June 18, 2011

NIFTY FUTURES TRADING IDEAS OF 20TH JUNE 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND SHORT GIVEN A PROFIT OF 36 POINTS FROM OPENING ITSELF AND LATER BUY GIVEN A PROFIT OF 12 POINTS AND WE BOOKED PROFITS, BUT NOT ACHIEVED ANY SPECIFIC TARGET FOR LONG AS HOURLY CHART IS BEARISH AND LATER POWER SHORT WE HAVE WARNED NOT TO SHORT TO ALL PGS & PSG CLIENTS AS 5MNT 15MNT CHART BULLISH AND WE WENT LONG FOR SMALL QTY FOR A PROFIT OF 20 POINTS FOR PSG CLIENTS. AND WE DID SOME GOOD PROFITS IN 5600 5500 PUTS . IT IS A DAY OF NPNL AS PER LEVELS AS BOTH LONG & POWER SHORT SL HITTED FOR A LOSS OF 40 POINTS