SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN JULY MONTH

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

&

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 1, 2011

PERFORMANCE OF NIFTY FUTURES IN JULY MONTH

Hi friends,

Nifty futures moved from 5702 to 5617 & from 5617 to 5759 & from 5759 to 5502 & from 5502 to 5708 & from 5708 to 5456 in July month a Swing of apx. 942 points

We managed to get profits from all swings of the month in this July and we got a profit of 1044 points , more than swing. By trading 1 lot a profit of 52200 in July month ( for 1 lot only , not for all lots )

For 1 lot needs a margin of 30000 according to the broker {note:- this calculation is for 1 lot only not for all lots as we do number of entries n exits and we may hold 1 lot also some times for lowest n highest targets }
Now look into following tables to know details : -

PERFORMANCE OF JULY MONTH:-

DATE	PROFIT	LOSS
July
01-07-11	NPNL
04-07-11	30
05-07-11		13
06-07-11	49
07-07-11	42
08-07-11	37
11-07-11	28
12-07-11	82
13-07-11	18
14-07-11	143
15-07-11	96
18-07-11	72
19-07-11	47
20-07-11	70
21-07-11	54
22-07-11	56
25-07-11	55
26-07-11	56
27-07-11	NPNL
28-07-11	57
29-07-11	65


Total	1057	13

NET	1044