SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 11TH AUGUST 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

Wednesday, August 10, 2011

NIFTY FUTURES TRADING IDEAS OF 11TH AUGUST 2011

NIFTY FUTURE OPENED A DUMMY OPEN HIGH {5223} ABOVE 2ND RESISTANCE AND BECAUSE OF THAT WE HAVE TRADE ONLY IN OPTIONS TODAY IN 5200 5300 5400 CALLS AND NOT TRADE IN FUTURES AS IT IS A RANGE BOUND BETWEEN 1ST RESISTANCE & 2ND RESISTANCE & 1ST SUPPORT SHORT GIVEN A PROFIT OF 20 POINTS AND HITTED SP OF 15 POINTS AS PER LEVELS, AS IT IS GAP UP OPENING DAY AND RANGE BOUND, WE ARE TREATING THIS DAY AS A NPNL DAY. WE GAINED ONLY IN CALLS NOT IN FUTURES