Traderji.com - Discussion forum for Stocks Commodities & Forex

Nifty Futures Trading

Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Soquared off at Rs 100..Profi of Rs 32 in contract...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Derivatives

Notices

Derivatives Discuss Futures & Options in securities whose value is derived from an underlying instrument.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #9161  
Old 29th July 2008, 10:35 AM
Member
 
Join Date: Oct 2007
Posts: 838
Thanks: 214
Thanked 102 Times in 75 Posts
lalpar will become famous soon enoughlalpar will become famous soon enough
Reputation: 133
Default Re: Nifty Futures Trading

Soquared off at Rs 100..Profi of Rs 32 in contract
Reply With Quote
Sponsored Links
  #9162  
Old 29th July 2008, 10:42 AM
Member
 
Join Date: Feb 2008
Location: NSE, Bombay
Posts: 3,215
Thanks: 1,017
Thanked 2,127 Times in 791 Posts
tsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond repute
Reputation: 2157
Default Re: Nifty Futures Trading

Quote:
Originally Posted by lalpar View Post
Soquared off at Rs 100..Profi of Rs 32 in contract
good lalith... a big pat for your first options trade...
one thing you did good was that (while following vinod, i guess) you bought ATM / ITM option to generate nearly full value of fall...
keep this thing in mind...
Reply With Quote
  #9163  
Old 29th July 2008, 10:55 AM
Member
 
Join Date: Apr 2006
Location: Kolkata
Posts: 1,289
Thanks: 1,010
Thanked 1,802 Times in 688 Posts
mitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant future
Reputation: 1836
Default Re: Nifty Futures Trading

Very good support at this band (4240 - 4260) better to be side of the market now. Most probably we have seen todays low already.
Reply With Quote
  #9164  
Old 29th July 2008, 10:55 AM
Member
 
Join Date: Oct 2007
Posts: 838
Thanks: 214
Thanked 102 Times in 75 Posts
lalpar will become famous soon enoughlalpar will become famous soon enough
Reputation: 133
Default Re: Nifty Futures Trading

Quote:
Originally Posted by tsunil4u View Post
good lalith... a big pat for your first options trade...
one thing you did good was that (while following vinod, i guess) you bought ATM / ITM option to generate nearly full value of fall...
keep this thing in mind...
Thanks Sunil...I did follow Vinod Sir's thread.But the fact is this time I was confident of my trade as I was observng the charts and it showed side ways movement with bias towards downwards...Thats why I took the options trade..And usually at end of month if your diection is right you get the full vale..thats what I did..But nothing to be over confident of as there is lots to learn for me in options as well as futures...Only time will tell whether I will be a good trade or not..But I will keep putting my effort to have trades based on chart without any emotions....with strct SL..

Regards
Lalith
Reply With Quote
  #9165  
Old 29th July 2008, 11:01 AM
Member
 
Join Date: Feb 2008
Location: NSE, Bombay
Posts: 3,215
Thanks: 1,017
Thanked 2,127 Times in 791 Posts
tsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond repute
Reputation: 2157
Default Re: Nifty Futures Trading

Quote:
Originally Posted by lalpar View Post
Thanks Sunil...I did follow Vinod Sir's thread.But the fact is this time I was confident of my trade as I was observng the charts and it showed side ways movement with bias towards downwards...Thats why I took the options trade..And usually at end of month if your diection is right you get the full vale..thats what I did..But nothing to be over confident of as there is lots to learn for me in options as well as futures...Only time will tell whether I will be a good trade or not..But I will keep putting my effort to have trades based on chart without any emotions....with strct SL..

Regards
Lalith
I would excuse this time as it was your first trade, and supports being near, but i would advise not to close full position, but book part profits (if you have more than one lot), and keep a trailing stop.

Problem with options is that it will NEVER give you full value of movement, but the bigger plus is that, in case you are gap-stopped or big movement beyond even your SL, your loss is limited to the options cost.
Reply With Quote
  #9166  
Old 29th July 2008, 11:05 AM
Member
 
Join Date: Feb 2008
Location: NSE, Bombay
Posts: 3,215
Thanks: 1,017
Thanked 2,127 Times in 791 Posts
tsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond repute
Reputation: 2157
Default Re: Nifty Futures Trading

Quote:
Originally Posted by mitasatyajit View Post
Very good support at this band (4240 - 4260) better to be side of the market now. Most probably we have seen todays low already.
Sir, please can you post the latest hourly "dragon" chart - it's very neat, crisp & clear....
Reply With Quote
  #9167  
Old 29th July 2008, 11:06 AM
Member
 
Join Date: Oct 2007
Posts: 838
Thanks: 214
Thanked 102 Times in 75 Posts
lalpar will become famous soon enoughlalpar will become famous soon enough
Reputation: 133
Default Re: Nifty Futures Trading

Quote:
Originally Posted by tsunil4u View Post
I would excuse this time as it was your first trade, and supports being near, but i would advise not to close full position, but book part profits (if you have more than one lot), and keep a trailing stop.

Problem with options is that it will NEVER give you full value of movement, but the bigger plus is that, in case you are gap-stopped or big movement beyond even your SL, your loss is limited to the options cost.
Yup Sunil agreed....I traded with only 1 lot..Thats why I did not want to take a chance of waiting for the policy and see the direction of market..I am happy with what I got and so I sqared..I did not want to risk it with something which I dont know..

Regards
Lalith
Reply With Quote
  #9168  
Old 29th July 2008, 11:08 AM
Member
 
Join Date: Oct 2007
Posts: 838
Thanks: 214
Thanked 102 Times in 75 Posts
lalpar will become famous soon enoughlalpar will become famous soon enough
Reputation: 133
Default Re: Nifty Futures Trading

There is tremendous activity happening on 4300 Call July Series and less on 4300 Put..Look like market will move upwards rather than downwars after RBI Policy
Reply With Quote
  #9169  
Old 29th July 2008, 11:09 AM
Member
 
Join Date: Apr 2006
Location: Kolkata
Posts: 1,289
Thanks: 1,010
Thanked 1,802 Times in 688 Posts
mitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant futuremitasatyajit has a brilliant future
Reputation: 1836
Default Re: Nifty Futures Trading

Quote:
Originally Posted by tsunil4u View Post
Sir, please can you post the latest hourly "dragon" chart - it's very neat, crisp & clear....
Attached Sunil

Regards.
Attached Images
File Type: png Nifty.png (14.5 KB, 40 views)
Reply With Quote
The Following 2 Users Say Thank You to mitasatyajit For This Useful Post:
deb99891 (29th July 2008), tsunil4u (29th July 2008)
  #9170  
Old 29th July 2008, 11:17 AM
Member
 
Join Date: Feb 2008
Location: NSE, Bombay
Posts: 3,215
Thanks: 1,017
Thanked 2,127 Times in 791 Posts
tsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond reputetsunil4u has a reputation beyond repute
Reputation: 2157
Default Re: Nifty Futures Trading

Quote:
Originally Posted by mitasatyajit View Post
Attached Sunil

Regards.
now, that's a nice perspective u have brought into picture, drawing a new trendline...

it clears my doubt...4315 SPOT would be a good resistance now... and your dragon may just spit fire at that level... (if that level comes)
Reply With Quote
Sponsored Links

Reply

Bookmarks

Tags
nifty futures, nifty intraday trading


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +5.5. The time now is 01:27 PM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com