SRKNIFTY: NIFTY FUTURES TRADING IDEAS OF 15TH SEPTEMBER 2011

Wednesday, September 14, 2011

NIFTY FUTURES TRADING IDEAS OF 15TH SEPTEMBER 2011

NIFTY FUTURE OPENED BETWEEN 1ST SUPPORT & 1ST RESISTANCE AND MOVED IN SIDEWAYS UPTO MID SESSION AND WE DID FEW SCALP TRADE FOR PGS & PSG CLIENTS FOR A PROFIT OF 40 POINTS IN SHORT AND 15 POINTS TWICE IN LONG FOR PSG CLIENTS AND LATER POWER LONG INITIATED, BUT NOT ACHIEVED ANY SPECIFIC TARGETS AND CLOSED A PROFIT OF 13 POINTS. WE DIDNT SHORTED @ 1ST RESISTANCE AS IT’S NOT BROKEN AFTER GOING UP AND NOT HITTED SL ALSO FOR POWER LONG, BY THE LEVELS IT IS A NPNL DAY. BUT OUR PGS CLIENTS MINTED GOOD PROFITS OF 40 POINTS IN SHORTS AND PSG CLIENTS MINTED 100 POINTS IN LONG FOR SMALL QTY FROM DAY LOW AS WE HAVE TAKEN LONG FROM 4925 WITH A SL OF 4907 AND SL NOT TAKEN AS DAY LOW IS 4908 ONLY ALSO GOOD PROFITS IN 4900 4800 4700 PUTS IN TWO ROUNDS, THOSE WHO NOT BOOKED PROFITS IN PUTS IN BEGINNING MNTS GOT A CHANCE TO BOOK IN SECOND ROUND AS SL NOT TAKEN IN 2ND ROUND AS US ADVISED TO THEM TO BOOK ALL PUTS PROFITS BY NOT TAKING RISK. AND XLNT PROFITS IN 4900 5000 5100 CALLS IN MULTIPLE ROUNDS FOR PSG CLIENTS AS WE BOOKED 90% PROFITS IN ALL CALLS @ 2ND TARGETS IN BOTH ROUNDS