SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 4TH 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 3, 2011

NIFTY FUTURES TRADING IDEAS OF 4TH AUGUST 2011

NIFTY FUTURE OPENED GAP DOWN BELOW 2ND SUPPORT NEAR TO 1ST TARGET OF POWER SHORT & POWER SHORT GIVEN 26 POINTS IN TWO ROUNDS , AS PER LEVELS IT IS A PROFIT OF 52 POINTS, BUT OUR PGS & PSG CLIENTS DID MORE THAN THIS BECAUSE OF REVERSAL WE GUIDED LONGS AND SHORTS ALSO AND BREAK DOWN NOT HAPPEN AS WE GIVEN PUTS AND THEY ACHIEVED ONLY 1ST TARGET AND HITTED SL, AS WE ALWAYS BOOK 90% @ 1ST TARGETS IN PUTS OR CALLS, NO LOSS OCCURRED TODAY IN PUTS BECAUSE OF OUR GUIDANCE. FOR OUR PGS & PSG A CLIENT IT IS A PROFIT OF NEARLY 120 POINTS BOTH IN LONGS & SHORTS. OUR PSG CLIENTS HOLDING PUTS POSITIONAL AS PER OUR GUIDANCE