SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN SEPTEMBER 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

Saturday, October 1, 2011

PERFORMANCE OF NIFTY FUTURES IN SEPTEMBER MONTH

Hi friends,

Nifty futures moved from 4989 to 5174 & from 5174 to 4901 & from 4901 to 5173 & from 5173 to 4757 & from 4757 to 5036 in September month a Swing of apx. 1425 points

We managed to get profits from these wild swings of the month in this September and we got a profit of 935 points, due to high volatile less points than swing in this month. By trading 1 lot a profit of 46750 in September 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 SEPTEMBER MONTH:-

DATE	PROFIT	LOSS
September
02-09-11	NPNL
05-09-11	NPNL
06-09-11	100
07-09-11	23
08-09-11	90
09-09-11	NPNL
12-09-11	SIDEWAYS
13-09-11	118
14-09-11	NPNL
15-09-11	83
16-09-11	50
19-09-11	54
20-09-11	49
21-09-11	NPNL
22-09-11	SIDEWAYS
23-09-11	68
26-09-11	110
27-09-11	50
28-09-11	NPNL
29-09-11	77
30-09-11	63

Total	935