SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 5TH SEPTEMBER 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, September 3, 2011

NIFTY FUTURES TRADING IDEAS OF 5TH SEPTEMBER 2011

NIFTY FUTURE OPENED BETWEEN 1ST RESISTANCE AND 2ND RESISTANCE & SHORT GIVEN A PROFIT OF 25 POINTS IN 1ST ROUND AND HITTED SP OF 15 POINTS LATER MADE A HIGH AND POWER BUY INITIATED BUT HITTED SL FOR A LOSS OF 26 POINTS AND SHORT GIVEN A PROFIT OF 35 POINTS BY REACHING 1ST TARGET. AS PER LEVELS IT IS A PROFIT OF 15 POINTS AFTER DEDUCTING SL HITTED OF POWER SHORT, WE TREAT THIS DAY AS NPNL DAY. BUT, OUR PGS & PSG CLIENTS HAVE BEEN GUIDED WELL BY US AS NOT TO GO LONG @ POWER LONG AS IT IS A MAJOR RESISTANCE OF 150 WEEKLY EMA {5059 } & DAILY 20 EMA ( 5053 } AS EXPLAINED IN THIS WEEKLY IMPORTANT UPDATE POST AND GUIDED REVERSAL WILL HAPPEN AS PER OUR WEEKLY POST AND IT DID , WE WENT SHORT FROM RESISTANCE AND GOT GOOD PROFITS OF NEARLY 60 POINTS AND GOOD PROFITS IN 5000 4900 4800 PUTS IN MULTIPLE ROUNDS AS WE BOOKED 90% PROFITS @ 1ST TARGETS IN ALL PUTS