General Trading Chat

[Raj232]

Banknifty : 2 days away from 3ema, and a NR day

View attachment 47949

Banknifty has moved 1400 points (4 %) from 33900 to 35300 in 3 days, might show a red candle soon.

 

[Raj232]

Understanding of the current situation in Europe. Changing the language/alphabet used in Kazakhstan (former Soviet republic) from Russian to Latin. Something similar thing was alleged to be happening in Ukraine

 

[tradermodified]

Banknifty has moved 1400 points (4 %) from 33900 to 35300 in 3 days, might show a red candle soon.

red candle, may be after a gap up and a move to 35500/650 zone, else a big dip on staying below 34700 lp 35125

 

[tradermodified]

Understanding of the current situation in Europe. Changing the language/alphabet used in Kazakhstan (former Soviet republic) from Russian to Latin. Something similar thing was alleged to be happening in Ukraine

and they will ruin their language, and they will misspell many of their words (phonetically)

 

[tradermodified]

red candle, may be after a gap up and a move to 35500/650 zone, else a big dip on staying below 34700 lp 35125

BN, though opened gap down but moved up by more than 100 points in next 3-4 mins (is as good as gap up open).
Entered 35500/650 zone (in second half), did an high of 35541.
Now on staying above 35400, should move for 35650 and on staying above 35600 to 35900

ltp 35442

 

[Raj232]

INDIAN STATES and SRI LANKA SIMILARITY (economy wise)

 

[Raj232]

On Taxation front:

Go thru the ICICI direct link which shows the calculation of Futures and Options correctly:
https://www.icicidirect.com/knowled...lculate-turnover-in-futures-and-options-trade

Stepwise calculation of turnover in Futures and Options
You can calculate the turnover in your F&O business after taking into consideration the following factors:

• Calculation of the total profit and loss
• The premium paid or received while trading in Options
• The quantum of reverse trades done and the difference in profit/loss incurred

Total Futures turnover (across all transactions done in a given year) = Total profit – total loss

Total Options turnover (across all the transactions done in a given year) = Total profit – total loss + total premium received for the sale of Options – total premium paid for the purchase of Options

***** the last line calc is most important ***

 

[timepass]

Total Options turnover (across all the transactions done in a given year) = Total profit – total loss + total premium received for the sale of Options – total premium paid for the purchase of Options

***** the last line calc is most important ***

The first part "Total profit – total loss", does it refer to non-option profit/loss or does mean total profit/loss including the cost of trade ?

Where does the cost of trade figure in this calculation ?

 

[Raj232]

The first part "Total profit – total loss", does it refer to non-option profit/loss or does mean total profit/loss including the cost of trade ?

Where does the cost of trade figure in this calculation ?

It is the Buy price - sell price of the instrument (brokerage and taxes cannot be considered in this, that will come later as expenses)

 

[tradermodified]

BN, though opened gap down but moved up by more than 100 points in next 3-4 mins (is as good as gap up open).
Entered 35500/650 zone (in second half), did an high of 35541.
Now on staying above 35400, should move for 35650 and on staying above 35600 to 35900

ltp 35442

Now on staying above 35400, should move for 35650 and on staying above 35600 to 35900 ltp 35487