SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 29TH 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 28, 2011

NIFTY FUTURES TRADING IDEAS OF 29TH JUNE 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND WE DID FEW SCALP TRADES IN SHORTING IN EARLY SESSION AND DID 30 POINTS PROFIT, LATER LONG GIVEN A PROFIT OF 30 POINTS IN 1ST ROUND AND FINALLY GIVEN A PROFIT OF 50 POINTS BY REACHING 2ND TARGET. AS EXPIRY IS NEAR WE HAVE GIVEN ONLY ONE PUT IN OPTION TODAY AND IT HAS BEEN HITTED SL FOR 20 POINTS LOSS. AS PER LEVELS IT IS A PROFIT OF 50 POINTS ONLY IN LONG

FAILED PUT