Nifty Futures Trading

tsunil4u · #**8601** 18th July 2008, 11:19 PM

Quote:

Originally Posted by mahesh2007

[http://www.traderji.com/equities/163...al-street.html

about sudoko...

yaar mahesh, kkseal, deb...
LOL...
i m tired of laughing...

what a thread (especially the later part)...

wow... thanks for making my weekend

mahesh2007 · #**8602** 19th July 2008, 07:57 AM

Quote:

Originally Posted by VJAY

Thanks sir,Fair enough.How simply You cleared my doubts.Hats off to you sir.

one point I forgot to add-

when u are 'out of money' and u dont excercise the option(as option buyer has no obligation),u lose only your premium(and brokerage).

VJAY · #**8603** 19th July 2008, 07:59 AM

Hai,All members of this thread?forum,
I am using refersh to every minute to look new post in this thread.Is any setting is there to follow this threads new postings post by post.ex:whenever new post comes in this thread I can now/autorefresh etc.How you people using this thread when market hrs minute by minute.like reply for 9.12.am post at 9.13/14 am.
Really thankfull to detailed reply in advance.

lalpar · #**8604** 19th July 2008, 01:47 PM

Quote:

Originally Posted by lalpar

Well for High Reward you have to be ready for highere downside risk and I am ok with this...Slowly but surely i am loosing my fear and anxiety in market...

Also Crude is def not cooling down it is on rise and I dont expect it to cool down...Dow Futures was a good indicator...Inflation numbers were ignored by markets..Political cond wwas ignored..There is too much uncertainity for a big upmove..but lots of scope for a downside!!!!

But I have taken a calculaued risk...Lets see what happens...

Hello Saint Sir,

I am extremely sorry for not maintaining my discipline..Being in such a threas i shld have learnt...This would be my last such trade!!!

Regards
Lalith

Laksh · #**8605** 19th July 2008, 09:37 PM

Quote:

Originally Posted by segul

hi laksh,

use reliance money.it comes to a round figure of around 2 points for 1 complete trade.it is tough to trade on this platform(instatrade) but have got used to it .only because of low brokerage, still trading here.

regards

Thanks for your reply. Many in my town have not been able to get their reliance money a/c even after several months nor any reply about any defect in their application.

Laksh

Laksh · #**8606** 19th July 2008, 09:47 PM

Quote:

Originally Posted by uasish

Lalith Babu,

Plz look into this,if satisfied talk over Telephone from Tamluk.
http://www.traderji.com/brokers-dema...al-issues.html
Hope your Health is OK.

Asish

N.B. I am still with Indiabulls.

Thanks for your help ashisbabu. After your post I've visited the website of rkglobal. There are so may conditions that I don't think I'll be fulfill them all. In the meantime I have been able to negotiate and reduce my intraday brokerage by 0.0002% with 5paisa. My health is ok. From your very active participation in the forum it appears to me that your health check up in Vellore went very well and there was no adverse finding. Wishing you continued fitness.

Laksh

sdebu_2000 · #**8607** 20th July 2008, 09:29 AM

Quote:

Originally Posted by Laksh

. In the meantime I have been able to negotiate and reduce my intraday brokerage by 0.0002% with 5paisa. My health is ok. From your very active participation in the forum it appears to me that your health check up in Vellore went very well and there was no adverse finding. Wishing you continued fitness.

Laksh

.0002% brokerage?????????????? That means Rs.1 Brokerage per 500,000 Trade Value?
Really Amazing!!!!!!!!!!!!!!!!!!
How much u trade per day?

Sats · #**8608** 20th July 2008, 10:38 AM

Quote:

Originally Posted by sdebu_2000

.0002% brokerage?????????????? That means Rs.1 Brokerage per 500,000 Trade Value?
Really Amazing!!!!!!!!!!!!!!!!!!
How much u trade per day?

I think that would be .02% or .0002*turnover....

Sats.

mahesh2007 · #**8609** 20th July 2008, 10:54 AM

Quote:

Originally Posted by sdebu_2000

.0002% brokerage?????????????? That means Rs.1 Brokerage per 500,000 Trade Value?
Really Amazing!!!!!!!!!!!!!!!!!!
How much u trade per day?

.0002% brokerge is impossible.

It deciphers- He pays .02 Paise on every 100 Rs. of trade.

Minimum brokerage I have heard for individuals(barring FII/DII) is 1 paisa that too on very large volume.
Often it is 2 paisa on buy and 0 on sell, which comes out around 1 paisa.

tsunil4u · #**8610** 20th July 2008, 09:22 PM

Quote:

Originally Posted by tsunil4u

Since 22 May, when Nifty SPOT fell below its 20DMA, it has never risen above that....

2 attempts were made though, but both failed...

1st on 18th June, when 20DMA was 4700 and HOD was 4680... after touching 4680, it fell to 4370 over time (over 300 pts)

2nd attempt was recent on 11th july... 20DMA was 4210 and HOD was 4215... from there it fell to 3790 (over 400 pts)

In short, 20DMA was just an opportunity to short more...

i'll post the latest 20DMA soon, as this becomes relevant for monday's trade...

Nifty has finally CLOSED above its 20DMA of 4063 (sensex has, too, closed above its respective 20DMA of 13550)

BUT, as I mentioned in the previous post, 20DMA has just been proving to be a great shorting level in this BEAR market. Also, Nifty's Hourly RSI is nearing over-bought conditions... So, some cooling is expected till atleast 4050 spot(pivot) level. 4000 SPOT would be a good level to re-enter long trades.

Now, if only Nifty can maintain its close above 20DMA on Monday & Tuesday (political circus day), then it would be a big boost to bulls.