SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 22ND 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

Saturday, August 20, 2011

NIFTY FUTURES TRADING IDEAS OF 22ND AUGUST 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 2ND SUPPORT AND POWER SHORT INITIATED IN BEGINNING HOUR ITSELF BUT HITTED SL AS PER LEVELS AND LONG SL ALSO HITTED FOR TOTAL LOSS OF 80 POINTS, BUT WE ADVISED TO OUR CLIENTS TO BE IN SHORT SIDE ON RISE AS WE EXPECTED TODAY WE WILL REACH THE 3RD WEEKLY SUPPORT AND GIVEN THAT MSG IN TWITTER ALSO ON YESTERDAY NIGHT. OUR PGS & PSG CLIENTS MINTED GOOD PROFITS IN SHORTING ONLY OF NEARLY 90 POINTS AND GOOD PROFITS IN 4800 4700 PUTS BY EXACT PROFIT BOOKING OF 90% @ 1ST TARGETS AS WE EXPECTED THE 200 WEEKLY EMA TAKING SUPPORT FOR THE EOD BASIS ALERTED IN TWITTER ALSO. AS PER LEVELS IT IS A LOSS OF 30 POINTS AS AFTER HITTING SL ON BOTH SIDES POWER SHORT ACHIEVED BOTH TARGETS