SRK TRADING CALLS: PERFORMANCE OF NIFTY FUTURES IN NOVEMBER 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

Thursday, December 1, 2011

PERFORMANCE OF NIFTY FUTURES IN NOVEMBER MONTH

Hi friends,

Nifty futures moved from 4857 to 5402 in November month one way movement from 5335 to 4633 down & from 4633 to 4885 a swing of 954 points

We managed to get profits from this downside of the month in this November and we got a profit of 645 points, less when compare to down movement. By trading 1 lot a profit of 32250 in November 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 NOVEMBER MONTH:-

DATE	PROFIT	LOSS
November
01-11-11	52
02-11-11	76
03-11-11	NPNL
04-11-11	22
08-11-11		9
09-11-11	74
11-11-11		58
14-11-11	65
15-11-11	25
16-11-11		60
17-11-11	65
18-11-11		74
21-11-11	47
22-11-11	NPNL
23-11-11	46
24-11-11	105
25-11-11	45
28-11-11	47
29-11-11	45
30-11-11	132

	846	201
Total	846	201

NET	645