SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 13TH OCTOBER 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

Wednesday, October 12, 2011

NIFTY FUTURES TRADING IDEAS OF 13TH OCTOBER 2011

NIFTY FUTURE OPENED BETWEEN 1ST RESISTANCE & 2ND RESISTANCE AND POWER LONG GIVEN A PROFIT OF 24 POINTS IN 1ST ROUND BY REACHING 1ST TARGET AND 40 POINTS IN 2ND ROUND BY REACHING ALMOST 2ND TARGET, LATER SHORT SL HITTED FOR A LOSS OF 25 POINTS AND POWER LONG GIVEN AGAIN A PROFIT OF 50 POINTS BY REACHING 2ND TARGETS , BY THE LEVELS IT IS A PROFIT OF 90 POINTS. OUR PGS & PSG CLIENTS MINTED GOOD PROFITS IN 5000 5100 CALLS IN MULTIPLE ROUNDS AND THEY DIDN'T SHORTED AS WE ADVISED TO STAY LIGHT POSITIONS AS TWO SUCCESSFUL TRADES GIVEN GOOD PROFITS AND WENT POWER LONG FOR SMALL QTY IN 3RD ROUND AND EARNED GOOD PROFITS OF MORE THAN 80 POINTS