SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 18TH 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

Monday, October 17, 2011

NIFTY FUTURES TRADING IDEAS OF 18TH OCTOBER 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND TRADED SIDEWAYS UPTO MID SESSION , LATER LONG HITTED SL FOR A LOSS OF 27 POINTS AND POWER SHORT ALSO HITTED SL FOR A LOSS OF 27 POINTS , FOR THE DAY IT IS A LOSS OF 54 POINTS AS PER LEVELS. BUT OUR PGS & PSG CLIENTS MANAGED TO CLOSE IN PROFITS AS WE MINIMIZED THE QTY IN FUTURES AND TRADED IN ONLY PUTS AS HOURLY CHART TURNED BEARISH @ 11.15 AM AND TRADED ONLY IN PUTS BY AVOIDING THE FUTURE AND GOT GOOD PROFITS IN 5200 5100 PUTS