SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 26TH JULY 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

Monday, July 25, 2011

NIFTY FUTURES TRADING IDEAS OF 26TH JULY 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND LONG GIVEN A PROFIT OF 30 POINTS BY REACHING 1ST TARGET IN 1ST ROUND AND IN 2ND ROUND GIVEN A PROFIT OF 40 POINTS PROFIT AND SHORT NOT INITIATED AFTER GOING UP ABOVE 1ST RESISTANCE AND WE CARRIED SOME LOTS FOR MORE TARGETS AND MINTED MORE PROFITS ABOVE POWER LONG OF NEARLY 40 POINTS AND WE DID GOOD PROFITS IN 5600 CALL TOO. AS PER LEVELS IT IS A PROFIT OF 55 POINTS AS POWER LONG NOT REACHED ANY SPECIFIC TARGET AND HITTED SP OF 15 POINTS