What is meaning of bye NIFTY? How the profit can be calculated if I bye nifty?
- Thread starter Pamoo
- Start date
Hi
http://www.traderji.com/beginners-guide/29559-what-meaning-buy-nifty.html#post319003
In this above link you have an example and now you adapt it to the current level at 7790 with a lot size of 25.
http://www.thehindubusinessline.com/markets/nse-cuts-nifty-futures-lot-size-to-25/article6549129.ece
Example:
Nifty is at 7780 (which you can't buy/sell), and
nifty future (which you CAN buy/sell) 1 month contract is at 7790.
The futures has a lot size fixed now at 25. So, if you own/buy 1 futures contract then you are holding 7790x25 = 194'750 amount of contract.
If nifty moves up, say 1 point, you get 1x25 = 25 rs and if it falls 2 points you lose 2x25 = -50.
Now welcome in the forum after the first lesson and have a good stay here
Dan
http://www.traderji.com/beginners-guide/29559-what-meaning-buy-nifty.html#post319003
In this above link you have an example and now you adapt it to the current level at 7790 with a lot size of 25.
http://www.thehindubusinessline.com/markets/nse-cuts-nifty-futures-lot-size-to-25/article6549129.ece
Example:
Nifty is at 7780 (which you can't buy/sell), and
nifty future (which you CAN buy/sell) 1 month contract is at 7790.
The futures has a lot size fixed now at 25. So, if you own/buy 1 futures contract then you are holding 7790x25 = 194'750 amount of contract.
If nifty moves up, say 1 point, you get 1x25 = 25 rs and if it falls 2 points you lose 2x25 = -50.
Now welcome in the forum after the first lesson and have a good stay here
Dan
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