SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 21ST 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 20, 2011

NIFTY FUTURES TRADING IDEAS OF 21ST JUNE 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND POWER SHORT GIVEN A PROFIT OF 53 POINTS BY REACHING 2ND TARGET, AS LONG NOT INITIATED AS IT DIDNT WENT ABOVE FOR LONG AFTER BREAKING DOWN 1ST SUPPORT AND WE ARE IN 5600 5500 5400 PUTS FROM OPENING ITSELF AS SENTIMENT IS BEARISH WHICH WE ALREADY EXPLAINED IN WEEKLY POST. AS PER LEVELS IT IS A PROFIT OF 53 POINTS. BUT OUR PSG CLIENTS MINTED GOOD PROFITS IN LONG ALSO APX 100 POINTS FROM DAY LOW AS REVERSAL HAPPENED EXPLAINED IN WEEKLY POST