SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 6TH 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 4, 2011

NIFTY FUTURES TRADING IDEAS OF 6TH JUNE 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND GIVEN A PROFIT OF 25 POINTS FOR POWER LONG AS WE HAVE GIVEN 5500 5600 CALLS ALONG WITH POWER BUY IN OPENING ITSELF TO ALL PGS & PSG CLIENTS AND MADE SOME GOOD PROFITS, BUT AS POWER BUY NOT ACHIEVED ANY SPECIFIC TARGET AND HITTED SP OF 15 POINTS AND LATER SHORT GIVEN A PROFIT OF 25 POINTS AND LONG SL HITTED FOR A LOSS OF 12 POINTS AND LATER WE RIDED IN 5600 5500 5400 PUTS AS WE EXPECTED PANIC SELLING AFTER RIL AGM AND GUIDED IN THE MORNING ITSELF TO ALL PGS & PSG CLIENTS AND POWER SHORT GIVEN A PROFIT OF 25 POINTS, BUT NOT ACHIEVED ANY SPECIFIC TARGET AND HITTED SP OF 15 POINTS, FOR THE DAY IT IS A 15 + 25 - 12 + 15 =43 POINTS ONLY, BUT WE GAINED GOOD PROFITS IN 5500 5600 CALLS & 5600 5500 5400 PUTS AND DUE TO PERFECT GUIDANCE WE GOT PROFITS FOR MAXIMUM LOTS IN THE BEGINNING ITSELF