Nifty Futures Trading

aca_trader · #**3921** 17th April 2008, 07:46 PM

Quote:

Originally Posted by uasish

There are 2 ways,either you negotiate hard on the basis of TO ,it can come down to 1-2 points of Nifty Fut.
OR
You go for Rs 999.00 for entire months fixed brokerage .

Darsh is right it is R. K. Global.

Hi Asish!

How you rate R K Global on service quality especially disconnections and support during those periods? Want to switch over to them since some time but have not been able to get any comprehensive feedback so far.

Regards,
-Ashish

Tapaswi.S · #**3922** 17th April 2008, 09:50 PM

Quote:

Originally Posted by Saint

Tapaswi,

Chart on gradient....

Saint

Thanks Saint

Best regards
Tapaswi.S

uasish · #**3923** 17th April 2008, 11:46 PM

Quote:

Originally Posted by aca_trader

Hi Asish!

How you rate R K Global on service quality especially disconnections and support during those periods? Want to switch over to them since some time but have not been able to get any comprehensive feedback so far.

Regards,
-Ashish

Still PIB is THE best in connection aspect,however we have to trade off,RKGlobal is so so.I still trade mostly with PIB.

new2sm · #**3924** 18th April 2008, 06:50 AM

Quote:

Originally Posted by new2sm

guys I have some query reg. Futures. Since I am unaware of how Futures work and only currently deal in Options thus my questions.

1. If I buy 1 lot Nifty Future when NF is at 4950 and sell when NF reaches 4960. I will get 50*10 i.e 500 rs.?
2. Will I still be charged MTM?
3. If yes then how is the net calculation done? as in am I in profit or loss in the above transaction.
4. How to Discounts affect a Future transaction. For instance if I buy something when Nifty was in Discount and sell when it is in premium do I make profit. I think so but asking just for clarification.

Hoping my naive questions dont sound that stupid. Thanks for answering.

aare bhaiya among this brokerage talk koi to gyan bato on the above query. just a small query it is for gurus out here.

myvineet · #**3925** 18th April 2008, 10:35 AM

Quote:

Originally Posted by new2sm

aare bhaiya among this brokerage talk koi to gyan bato on the above query. just a small query it is for gurus out here.

Quote:

Originally Posted by new2sm

guys I have some query reg. Futures. Since I am unaware of how Futures work and only currently deal in Options thus my questions.

1. If I buy 1 lot Nifty Future when NF is at 4950 and sell when NF reaches 4960. I will get 50*10 i.e 500 rs.?
2. Will I still be charged MTM?
3. If yes then how is the net calculation done? as in am I in profit or loss in the above transaction.
4. How to Discounts affect a Future transaction. For instance if I buy something when Nifty was in Discount and sell when it is in premium do I make profit. I think so but asking just for clarification.

Hoping my naive questions dont sound that stupid. Thanks for answering.

ok boss ..let me try

1.ya..u will get 500 minus brokerage.

2.no as ur transection is complete with sell & buy .mtm is only when position is open .

3.i think u do cal right . u are in profit but before brokerage.

4.premium\discount does't matter at all ..u trade nf ...only that matter ...spot can move up or down ...it is very subjective matter..

new2sm as i am only class 1 student in SM ....plz check this with other proffessors...

regards.

new2sm · #**3926** 18th April 2008, 10:45 AM

thanks vineet for the answers. it clarifies most of the things. Gurus can pitch in if more gyan can be added.(looks like all of them are busy counting money. no time to share knowledge).

milind · #**3927** 18th April 2008, 12:47 PM

Quote:

Originally Posted by darsh_goswami

dear milind ,..

As far as i know RK Global provides it in cash market .. for future markets there is 9 rs per lot ..
please do inquire about it..
Regards,..
Darsh

Thanks Darsh/Asish, I surely will check with them. I also need to do one round of negotiation with my Religare broker.

-- Milind

myvineet · #**3928** 18th April 2008, 12:54 PM

Quote:

Originally Posted by new2sm

thanks vineet for the answers. it clarifies most of the things. Gurus can pitch in if more gyan can be added.(looks like all of them are busy counting money. no time to share knowledge).

nothing like that my friend ....everybody have their own work loads ...this is the best forum where senior come forward to solve ur query.....be it saint, asish da ,ashish , ajax or others.they post regularly during their trading time only to help others in trade..

just look at posts of saint ..he never shy of explaining simple things again & again if somebody asks for it ...so here is only knowledge my friends

regards

milind · #**3929** 18th April 2008, 05:50 PM

Quote:

Originally Posted by aca_trader

Better it does translate else we may witness Karhik Maharaj's 4100-4200 levels.

Wallstreet is certainly in cheerful mood - After good likable reports from INTC, IBM, JPM, rewarding even not so good results from MER, today it is the Google day! Up 78 points (17%) and will take ahead rest of the market with it.

After weekend rest, will that be sufficient to compensate for the CRR hike (its certainly less bitter medicine than an interest rate hike!)

-- Milind

mohandee · #**3930** 18th April 2008, 06:06 PM

nagendra gb,
RK global need not be in Bangalore to open an account. I opened an account with them by downloading the 25 pages application form which is available on their web site, Enclose photo, the necessary id proof ie PAN and address proof and send the same to their Ballygunge Circular Road Kolkata, the address is available on their web site. If you want them to call you just fill your details in their site and you will get a response very fast

Mohan