SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 8TH 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 6, 2011

NIFTY FUTURES TRADING IDEAS OF 8TH AUGUST 2011

NIFTY FUTURE OPENED GAP DOWN BELOW 2ND SUPPORT @ 2ND TARGET AND NOT GIVEN ANY CHANCE TO GET PROFITS ACCORDING TO LEVELS BUT OUR PGS & PSG CLIENTS MINTED GOOD PROFITS WITH OUR GUIDANCE FOR A TARGET OF 3RD WEEKLY SUPPORT TARGET, WE GIVEN ALERT IN TWITTER ALSO IN PRE MARKET TIME ABOUT THIS. AND WE BOOKED OUR POSITIONAL SHORTS TODAY AND BOOKED ALL PUTS { 5500 5400 5300} AND DID GOOD INTRA DAY PROFITS IN 5200 5100 5000 PUTS . AS WE GOT A PROFIT OF 100 POINTS NEARLY FOR OUR PGS & PSG CLIENTS WE WENT SMALL QTY LONG FROM DAY LOW AND GAINED GOOD PROFITS IN LONG ALSO AROUND 80 POINTS AND TOOK SOME BTST SMALL QTY ALONG WITH 5200 CALL AS HOURLY CHART TURNED BULLISH @ 3.15 PM AS WELL AS RSI ALSO REACHED TO 30 IN DAILY CHART AS OF TODAY CLOSING. FOR THE PSG CLIENTS XLNT PROFITS IN POSITIONAL SHORTS AND IN PUTS , INTRA PROFITS OF MORE THAN 180 POINTS IN BOTH SHORTS & LONGS . MORE UPDATES WILL BE GIVEN IN WEEKLY POST ABOUT MARKET CONDITION, STAY TUNED