SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 5TH 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

Tuesday, October 4, 2011

NIFTY FUTURES TRADING IDEAS OF 5TH OCTOBER 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 2ND SUPPORT AND LONG GIVEN A PROFIT OF 23 POINTS BY REACHING 1ST TARGET IN 1ST ROUND AND A PROFIT OF 35 POINTS BY REACHING 3RD TARGETS IN 2ND ROUND , LATER SHORT GIVEN A PROFIT OF 35 POINTS BY REACHING ALL TARGETS AND FINALLY POWER SHORT GIVEN A PROFIT OF 47 POINTS BY REACHING 2ND TARGET , AS PER LEVELS IT IS A PROFIT OF 140 POINTS. BUT OUR PSG CLIENTS MINTED MORE THAN THIS AS THEY HAVE BEEN EXTENDED THEIR SHORTS FROM DAY HIGH TO DAY LOW AS WE ADVISED THE FINAL TARGET AS 4740 AND THE DAY LOW IS 4726 AND WE WENT LONG FROM 4740 FOR A PROFIT OF 50 POINTS IN LONG ALSO IN LATE HOURS, FOR PSG CLIENTS IT IS A PROFIT OF MORE THAN 200 POINTS FOR A SINGLE LOT AS WE MINIMIZED THE QTY IN LATER TRADES. WE DID GOOD PROFITS IN 4900 5000 CALLS BY MULTIPLE ROUNDS IN MORNING SESSION AND XLNT PROFITS IN 4700 4600 PUTS IN MID SESSION

CHARTS OF 4900 5000 CALLS IN MULTIPLE ROUNDS IN MORNING SESSION :-