SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN OCTOBER 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

Tuesday, November 1, 2011

PERFORMANCE OF NIFTY FUTURES IN OCTOBER MONTH

Hi friends,

Nifty futures moved from 4857 to 5402 in October month one way movement except 100 points drop on from 5162 on 16^th oct 2011 apx. 545 points upside

We managed to get profits from this upside of the month in this October and we got a profit of 642 points, more than upward movement. By trading 1 lot a profit of 32100 in October 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 OCTOBER MONTH:-

DATE	PROFIT	LOSS
October
03-10-11	25
04-10-11	140
05-10-11	58
07-10-11	SIDEWAYS
10-10-11	50
11-10-11	67
12-10-11	90
13-10-11	63
14-10-11		35
17-10-11		54
18-10-11	SIDEWAYS
19-10-11	48
20-10-11	40
21-10-11	99
24-10-11	SIDEWAYS
25-10-11	85
26-10-11	SIDEWAYS
28-10-11	SIDEWAYS
31-10-11		34

Total	765	123

NET	642