SRK TRADING CALLS: NIFTY FUTURES TRADING IDEAS OF 16TH NOVEMBER 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, November 15, 2011

NIFTY FUTURES TRADING IDEAS OF 16TH NOVEMBER 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND MOVED IN SIDEWAYS THOUGH OUT THE DAY UPTO MID SESSION LATER POWER SHORT INITIATED AND GIVEN A PROFIT OF 25 POINTS, LONG NOT INITIATED AS IT IS NOT CROSSED AFTER BREAKING 1ST SUPPORT AS PER LEVELS IT IS A PROFIT OF 25 POINTS. BUT OUR PGS & PSG CLIENTS ARE IN SHORT FROM MORNING SESSION AND WE HAVE GUIDED THEM TO BE ON SHORT SIDE AS NIFTY IS BELOW PANIC BUTTON AS MENTIONED IN WEEKLY POST AND THEY GOT A PROFIT OF 100 POINTS FOR A SINGLE LOT AND GOOD PROFITS IN 5200 5100 PUTS