SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN AUGUST 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

Thursday, September 1, 2011

PERFORMANCE OF NIFTY FUTURES IN AUGUST MONTH

Hi friends,

Nifty futures moved from 5557 to 4718 & from 4718 to 5021 in August month a Swing of apx. 1142 points

We managed to get profits from two swings of the month in this August and we got a profit of 1560 points, more than swing. By trading 1 lot a profit of 78000 in August 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 AUGUST MONTH:-

DATE	PROFIT	LOSS
August
01-08-11	NPNL
02-08-11	53
03-08-11	52
04-08-11	79
05-08-11	100
08-08-11	60
09-08-11	230
10-08-11	NPNL
11-08-11	156
12-08-11	109
16-08-11	71
17-08-11	105
18-08-11	99
19-08-11		30
22-08-11	73
23-08-11	58
24-08-11	58
25-08-11	85
26-08-11	124
29-08-11	48
30-08-11	30

Total	1590	30

NET	1560