SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 8TH 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

&

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 7, 2011

NIFTY FUTURES TRADING IDEAS OF 8TH JUNE 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 2ND SUPPORT AND LONG GIVEN A PROFIT OF 28 POINTS BY REACHING ALL TARGETS SHORT NOT ACHIEVED ANY SPECIFIC TARGET AND HITTED SL FOR A LOSS OF 20 POINTS AND POWER LONG ALSO NOT ACHIEVED ANY SPECIFIC TARGETS AND CLOSED FOR A LOSS 10 POINTS, AS PER LEVELS IT IS A LOSS NPNL DAY. AS WE CHANGED THE QTY IN OUR LATER TRADES WE MINIMISED THE LOTS IN SHORT TRADES AND POWER LONG TRADES WE MADE PROFITS IN PGS & PSG. AS WE MADE SOME LOSS ALSO IN 5600 5500 5400 PUTS, COVERED SMALL PROFIT IN 5600 5500 5400 CALLS

FAILED PUTS :-