SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 9TH 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

Monday, August 8, 2011

NIFTY FUTURES TRADING IDEAS OF 9TH AUGUST 2011

NIFTY FUTURE OPENED GAP DOWN BELOW 2ND SUPPORT NEAR TO 1ST TARGET AND WE SHORTS FROM THE OPENING AND GOT A PROFIT OF 50 POINTS FROM 5110 AND GOOD PROFITS N 5000 4900 4800 PUTS FROM OPENING ITSELF , LATER LONG INITIATED @ 1ST SUPPORT AND LONG NOT ACHIEVED ANY SPECIFIC TARGET, BUT GIVEN A PROFIT OF 25 POINTS AND HITTED SP OF 15 POINTS. AS EOD BEARISH ZONE WE ADVISED ALL PGS & PSG CLIENTS NOT TO GO LONG AND WE PROTECTED THE PROFITS WHICH WE GOT IN SHORTS N IN PUTS. FOR THE DAY IT IS A PROFIT OF 88 POINTS FOR PGS & PSG CLIENTS. BY THE LEVELS IF IT S PROFIT OF 60 POINTS IN BOTH SHORTS N LONGS